Mahindra Group currently holds close to 7% market share in the trucks and buses segment and around 24% in the intermediate and light commercial vehicle (I&LCV) bus category. It aims to expand its overall market share to around 10–12% by FY31 and exceed 20% by FY36. Mahindra’s Truck and Bus Business (MTB) has strengthened its […]
Keto Motors, an emerging electric vehicle manufacturer, has successfully secured CMVR Type Approval Certification from the Global Automotive Research Centre (GARC) for its 9-metre Urbanova KE9 electric bus, marking a significant milestone in the company’s expansion within India’s electric public mobility segment. The certification confirms compliance with all statutory safety and performance standards, including structural […]
India’s automotive industry continued its growth momentum in February 2026, with strong demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Several leading manufacturers reported robust year-on-year increases, reflecting sustained consumer confidence, improving rural demand and steady expansion in exports. Commercial Vehicles & Off-highway In the commercial vehicle segment, Tata Motors Limited reported total domestic and international CV sales […]