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 […]
With over 375 buses, one million passenger journeys every month and a target of 1,000 buses in the next two years, the company is expanding its footprint across public transport, intercity travel, school mobility and logistics. For Ahmedabad-based Aadinath Bulk Pvt. Ltd., growth has never been measured merely by fleet size. From its beginnings as […]
By Vishwas Shankar, Vice President & Nachiket Devasthale, Senior Consultant, Mobility Growth Advisory, Frost & Sullivan India’s commercial vehicle (CV) industry has been anchored in diesel-led operating economics for decades. Vehicle value has traditionally been defined by uptime and payload, with limited emphasis on emissions. For most of that time, electric mobility sat somewhere between […]
New Ajapar Plant Signals company’s Next Phase of Growth and Modernisation For three decades, Atri Trailers has been a familiar name in Kutch’s transportation ecosystem. What began as a small entrepreneurial venture has steadily evolved into one of the region’s leading trailer manufacturing businesses. Today, with the commissioning of its modern manufacturing facility at Ajapar […]
Daimler Truck Holding AG delivered resilient Group financial performance for FY2025, operating within its guided range despite a challenging macroeconomic environment marked by declining key markets and tariff headwinds. The company reported market-leading results in North America despite weak demand conditions, while Mercedes-Benz Trucks delivered solid profitability. Daimler Buses achieved double-digit margins for the first […]
Tata Motors, one of the world’s leading commercial vehicle manufacturers, today showcased a portfolio of 11 vehicles at an event in Cape Town, South Africa, underscoring its engineering strength and technological capabilities. The curated line‑up spans multiple segments and powertrain options, including next‑generation electric vehicles alongside proven platforms, reflecting the company’s ability to design and […]
SML Mahindra has begun the new financial year with remarkable momentum, delivering its highest-ever April sales performance and reinforcing its growing presence in India’s commercial vehicle market. The impressive start not only reflects strong market demand but also highlights the increasing confidence customers and dealers continue to place in the brand. Outperforming the domestic industry […]
The ongoing geopolitical developments have raised concerns across the transport and logistics sector, particularly around fuel availability and supply chain continuity. However, industry leaders maintain that the situation remains under control, with no reason for alarm. “At this stage, there is no need for panic. We are seeing some disruptions and imbalances, but the overall […]
SML Mahindra created history in FY2025–26 by achieving its highest-ever annual sales, complemented by a record-breaking performance in March. This milestone underscores the company’s strong business fundamentals, disciplined execution, and growing customer confidence in the brand. The performance reinforces SML Mahindra’s commitment to operational excellence and its ability to deliver consistent growth in a highly […]
Third Generation Drives Expansion and Connectivity Few transport businesses sustain their relevance across generations while continuing to grow in a competitive market. Mumbai-based Jalaram Transport Company is one such example. Recently, the company expanded its operational footprint by opening six new branches while strengthening its core routes in western India. For a business that began […]
VST Motors has closed 2025 on a positive note, registering a stronger performance compared to the previous year, driven by improved market sentiment and a sharper alignment with evolving customer needs. The company witnessed a significant uptick in demand post the GST reduction in September, particularly in the commercial vehicle space, where growth in the […]
With a sharp focus on automation, digital integration and process discipline, the facility reinforces the trailer maker’s long-term vision of scalable, future-ready manufacturing. When VST CoreB Trailers formally unveiled its new manufacturing facility near Kotputli in Rajasthan, it did more than add capacity; it redefined what scale and seriousness look like in India’s trailer manufacturing […]
SML Mahindra delivered a record-breaking performance in January 2026, registering its strongest January results to date and surpassing the previous peak achieved in January 2024. This milestone reflects the company’s strong operational execution, sustained market focus, and the collective efforts of teams across functions. The achievement underscores SML Mahindra’s culture of consistency, discipline, and performance-led […]
Network Depth, Application Expertise and Service Excellence power its continued success When Popular Mega Motors walked onto the stage at the Tata Motors Annual Dealer Conference in 2025 to receive recognition for “Spare Parts Process Excellence” and “CV Passenger Segment Market Share,” it marked more than just another industry award. It underlined a journey that […]
SML Mahindra Limited has entered into a Memorandum of Understanding (MoU) with Indian Bank to strengthen its dealer ecosystem through structured inventory funding support. Under the partnership, Indian Bank will extend working capital assistance to SML Mahindra’s authorised dealers through its Supply Chain Finance (SCF) platform, enabling smoother inventory funding at competitive and transparent terms. […]