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SML Mahindra looking to raise market share in commercial vehicle segment by 10-12% by 2031
Mahindra & Mahindra completed the acquisition of 58.96% controlling stake in commercial vehicle manufacturer SML Isuzu Ltd.
SML Mahindra targets 10-12 per cent commercial vehicle market share by FY31. The company also aims to achieve over 20 per ...
Vinod Sahay, Chairman of SML Mahindra said the company plans to retain both Mahindra and SML brands while using shared product development and scale to reduce costs and expand its portfolio.
Leading private equity firms FountainVest and CPE join as investors, reflecting strong confidence in SML's strategic direction and future growth SML continues to advance its core capabilities for ...
SML Mahindra reported a 40% year-on-year rise in August 2026 auto sales to 1,175 units, driven by a 53% increase in cargo ...
SML Mahindra rallied 3.30% to Rs 5,266.40 after the company announced that it sold 1,175 units in August 2026, registering a 40% growth from 842 units sold in the same period last year.
Mahindra aims to boost its commercial vehicle market share to 10-12% by FY31 through the SML acquisition and new product launches.
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