Mahindra rolls out 15,000th HCV truck from Chakan plant
Mahindra Truck and Bus Division (MTBD), a part of the Mahindra Group, announced the roll out of its 15,000th heavy commercial vehicle (HCV) from its plant in Chakan, Maharashtra. In addition, the company also reached a sales milestone of 125,000 light commercial vehicles (LCVs) on Indian roads.
As part of its plan to put the commercial vehicle business on a growth trajectory, the company is investing Rs 700 crore to develop new ICVs and LCVs. With a portfolio ranging from 3.5 T to 49 T, MTBD is set to become a full range CV player within the next two years.
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