Mahindra Trucks & Buses Ltd

Company limited by Shares (1) 10+ employees

Mahindra Trucks & Buses Ltd Description

Mahindra Trucks & Buses Ltd was established in the year 2005 and is popularly known as Mahindra Navistar/ Mahindra International. They are Indian commercial vehicle manufacturers which was initially formed out of a joint venture between Navistar International (USA) and Mahindra & Mahindra. But now, the company has demerged into Mahindra & Mahindra Ltd and has become a separate division. The company has its headquarters in Chinchwad which is in Pune. The company manufactures auto parts and accessories. They also provide spare parts, engines, truck parts and various other accessories. The company has taken their performance to the next level by creating trucks that are specially designed for different applications and excellent performance whenever needed. The company offers an entire line of integrated truck solutions that help their customers in generating profit by giving their customers an advantage of quick turnaround time and reliability along with the assurance of their excellence in all aspects. Their HCV product range has been engineered for all sort of Indian requirements with the philosophy of "Made in India, made for India". In the HCV segment, the company has achieved the goal of more than 24000 trucks on the road. The company is planning of addressing evert segment of their commercial vehicle market with variants that meet the needs of passenger transport, cargo and specialized load applications. Their new range of medium and heavy commercial vehicle is being manufactured at the new green field at Chakan. This plant covers more than 700 acres and has been built with an investment of more than Rs 4,000 crore and is also producing other Mahindra products. This has helped the company with the benefit of synergies of an integrated manufacturing facility. The company now has more than 120 authorized service centres with more than 2900 roadside assistance points. Their spares network of 2069 retail outlets has helped improve the reach of support for customers on critical trucking routes.

Mahindra Trucks & Buses Ltd Overview

INDIA HO
MUMBAI
COMPANY SIZE
10+ employees
CIN
U63040MH1994PLC079098
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
EMAIL
arora.rajesh@mahindra.com
FOUNDED
20 Jun,1994
PAID-UP CAPITAL
933,495,676
AUTHORISED CAPITAL
15,000,000,000
17 Related Suppliers
3 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 8
Shareholding As On 2018-06-27

Mahindra Trucks & Buses Ltd in News

16 Oct 2021

TNSTC starts AC bus services in Trichy city

TNSTC said that people preferring limited-stop service may consider the premium AC buses as Trichy has sultry weather on most days of the year. “Based on the response, TNSTC can operate more such AC fleets to encourage public transport among passengers commuting to the transit hubs,” said V Nadaraja, AITUC district president.

14 Oct 2021

Indian businesses seek government support to meet 2030 EV target

This is the first collective push by companies in India to switch to clean mobility and comes weeks ahead of an United Nations' climate change conference - seen as crucial to wringing out more commitments from governments to stop global warming.

12 Oct 2021

M&M Group launches advanced tractor range Yuvo Tech

Launched in 37 hp, 39hp and 42hp, the new Yuvo Tech+ is powered by Mahindra's new mZIP 3-cylinder engine, which comes with higher cubic capacity technology. The three tractor models are Tech+, Tech+ 405 and Tech+ 415.

12 Oct 2021

Govt intends to convert buses to electric vehicles

Another suggestion that is being adopted is that of the settlement of customer-related issues, which has been given a window of 90 days. This will be reduced to 30 days, after suggestions from citizens. For consumer benefit and rapid adoption of EVs, the government may even ask stakeholders to arrange free test drives with the objective to inform consumers about the technology and its advantages.

12 Oct 2021

To recover losses and boost revenue, Haryana roadways to add more seats to its buses

The state roadways department is planning to increase the size of its buses and add more seats to them so as to not only accommodate more passengers in each bus but also increase the revenue generation per bus. For this, the department is working on a prototype model, which will be sent for approval before the changes can be made in the existing fleet of the state transport.

04 Oct 2021

Opinion: How mobility as a service helps consumers switch from ‘ownership’ to `usership’

Vehicle subscription is the latest disruption in the Indian automobile sector. Owing to its ease and flexibility, consumers are increasingly switching over to the subscription model, a shift from ‘ownership’ to ‘usership’. However, to scale up the vehicle subscription model and make it sustainable, an integrated ecosystem needs to be created. OEMs and dealerships must come together with both the banks and the insurance companies to make vehicle subscription viable. In India, where about 85% of vehicles are financed, a unique business model like this has great potential.

22 Sep 2021

Traton hit by supply chain shortages, expects issues into next year

"Global supply chains are not only lacking chips but numerous other products... the situation is likely to continue this year and into the next," CEO Mattias Grundler said in a statement, adding that lockdowns in Malaysia, a key chip supplier, were the primary cause of its troubles.

08 Sep 2021

Heavy vehicles not to ply on Mumbai-Goa route till Sept 20

“Buses carrying people, be it private or those belonging to the Maharashtra State Road Transport Authority (MSRTC), can use the highway. Transport vehicles carrying essentials such as fuel, milk, LPG, liquid medical oxygen, foodgrain and vegetables can use the Mumbai-Goa highway,” the official said.

Directors of Mahindra Trucks & Buses Ltd

Name DIN Email Designation Date of joining
Vinod Kumar Sahay Unlock to View Unlock to View Director 20 Jul,2017
Anish Dilip Shah Unlock to View Unlock to View Director 28 May,2015
Hemant Sikka Unlock to View Unlock to View Director 24 Apr,2015
Subhash Chandra Bhargava Unlock to View Unlock to View Director 31 Mar,2015
Shrikant Raghunath Marathe Unlock to View Unlock to View Director 31 Mar,2015
Bharat Moossaddee Unlock to View Unlock to View Director 26 Apr,2013

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