In the fast lane: Despite speed bumps, M&M bullish on big trucks market

Nearly 5 mn trucks have joined protests since Friday against the introduction of the e-way bill, exorbitant toll collection at plazas and for including diesel in the GST ambit

Mahindra and Mahindra (M&M) sees the high operating costs facing transporters as an opportunity to sell more of its high tonnage trucks as the latter boasts of better fuel and operational efficiency as well as lower cost of ownership. 

This, along with other factors such as buoyancy in infrastructure and construction projects as well as a good economic growth, will help commercial vehicles sustain the strong run till fiscal 2020, said Vinod K Sahay, chief executive at Mahindra Truck and Bus division. The BS-VI  emission norms will kick in from 1 April 2020. Nearly 5 million trucks have joined protests since