The Board of Directors of SML Mahindra Limited (SML) has approved the acquisition of Mahindra Truck & Bus Division (“MTBD”) from Mahindra & Mahindra Limited (M&M) on a slump sale basis. The transaction is expected to be completed during FY2027. The acquisition marks a significant milestone in SML’s growth journey and represents a strategic step […]
After achieving a robust 46% CAGR volume growth over the past 3 years, Mahindra’s Truck and Bus Division (MTBD) today inaugurated a state-of-the-art dealership in Lakhimpur, Assam. With 4 service bays, the facility can service more than 10 vehicles per day while also providing driver lodging, 24-hour breakdown assistance, and AdBlue (include AdBlue short description) availability. Speaking on […]
After a strong year-on-year growth of over 46% in business volume in F’24, Mahindra’s Truck and Bus Division (MTBD) has inaugurated a state-of-the-art dealership in Kolkata for the state of West Bengal which adds 14 service bays that can service more than 28 vehicles per day while also providing driver lodging, 24-hour breakdown assistance, and […]