Achieves sales milestone of 1.25 lakh LCVs
Mahindra & Mahindra announced that Mahindra Truck and Bus Division has rolled out its 15000th heavy commercial vehicle from the state-of-the-art 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 3.5T to 49T, Mahindra Truck and Bus Division is set to become a full range CV player within the next 2 years.
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