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August 28, 2015 5:19 AM ET

Machinery

Company Overview of Mahindra Trucks and Buses Limited

Company Overview

Mahindra Trucks and Buses Limited designs and manufactures ready mixers for cement, delivery trucks for vegetables and other groceries, and school buses. The company regular and college, and school busses; trucks to deliver daily supplies, such as vegetables, groceries, bottled water, cold drinks, etc.; ambulances and medical mobile vans; and trucks and engines. It also offers services and mobile vans. The company’s products are available through a network of dealers in India. Mahindra Trucks and Buses Limited was formerly known as Mahindra Navistar Automotive Limited and changed its name to Mahindra Trucks and Buses Limited in February 2013. The company was incorporated in 1994 and is based...

Marketing Department

2nd Floor Mahindra & Mahindra Ltd. Towers

Worli

Mumbai,  400018

India

Founded in 1994

Phone:

91 20 2747 3600

Fax:

91 22 2495 1702

Key Executives for Mahindra Trucks and Buses Limited

Managing Director, Chief Executive Officer and Director
Age: 56
Head of Zonal Business
Age: 49
Head of HR & Admin
Age: 50
Senior General Manager
Age: 55
General Manager of Sales - LCV & Bus
Age: 55
Compensation as of Fiscal Year 2015.

Mahindra Trucks and Buses Limited Key Developments

Mahindra Trucks and Buses Plans to Unveil Two New Heavy-Duty Trucks at the Auto Expo

Mahindra Trucks and Buses Ltd. plans to unveil two new heavy-duty trucks at the Auto Expo to be held in Delhi from 7-11 February. The new models, the TRACO 49 tractor trailer and the TRUXO 37 multi-axle truck, are the first of a more comprehensive range of new products the truck-maker plans to launch in coming years. While the TRACO 49 is designed for specific load applications such as containerised heavy-duty loads and over-dimensional cargo, the TRUXO 37 can be used in a range of load applications. Apart from these new products, the company will also showcase the TORRO 25 tipper featuring 9-speed transmission and bogie suspension. The company plans to INR 5 billion (USD 91 million) in developing new platforms and models. This includes INR 3 billion to be used towards development of a completely new platform for 8-12 tonne intermediate commercial vehicles (ICVs). The remaining INR 2 billion will be invested on strengthening the company's current product line-up of trucks and buses including the refurbishing of existing LCVs. The company also plans to launch a 37-tonne truck.

Mahindra Trucks and Buses Ltd Plans to Invest INR 5 Billion in Next Two to Three Years

Mahindra Trucks and Buses Ltd. announced that it is planning to invest INR 5 billion in the next two to three years. The company is investing in developing new products and strengthening its range of commercial vehicles. The company plans to introduce a brand new platform of intermediate commercial vehicles segment in a couple of years as it plans to enter new segments like ICV and MCV.

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