Mahindra Truck and Bus Division (MTBD), formerly called Mahindra Navistar, is a commercial vehicle manufacturer formed in 2005. Its CEO Designate Vinod Sahay affirms that Mahindra’s commercial vehicle (CV) division will be its future growth engine wherein it will be pumping in Rs 600 crore for a wider presence in the Intermediate Commercial Vehicle (ICV) segments Mahindra CV division is a relatively new business which is gaining traction with every passing day and promises to be an important growth engine for Mahindra and Mahindra (M&M). This division has a direct linkage to the growth of the economy. With India’s GDP expected to achieve a peak growth rate of 7.8 per cent by FY 2020 thanks to the rising per capita consumption, growth in infrastructure and mining sectors, the outlook for CV business is very positive. MTBD, with its vast range of modern HCV and light trucks and buses, is well placed to leverage on this buoyancy and contribute to M&M’s growth. As far as HCVs are concerned, Mahindra already have the full range from 25 to 49 T. From time to time, we are adding variants as per the changing market needs. Parallelly, we are in the process of firming up our brand new ICV range and also refreshing the existing LCVs. Mahindra Truck and Bus is now able to offer a strong proposition due to our category best BS IV Engine, ‘FUELSMART’ switches to help truck drivers toggle between higher power and better fuel economy depending on road and load conditions, SMART SCR Technology that is simple, efficient, low on maintenance and future ready.
