Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3145.00
15.85 (0.51%)
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Mahindra Trucks & Buses to showcase two new Products at Auto Expo 2014

Date: 28-01-2014

Mahindra Trucks and Buses (MTBL), a part of the US $ 16.7 billion Mahindra Group, is set to mark its presence in the upcoming Auto Expo 2014, in Delhi, by showcasing two new products, TRACO 49 and TRUXO 37. These two additions to the MTBL stable will further strengthen the company’s portfolio to become a complete HCV player. In due course, the company is expected offer a more comprehensive range of world class products. 

Despite an industry downturn, MTBL has reaffirmed its intent on investing Rs. 300 crore to explore new product lines in the LCV, ICV and MCV segments besides another investment of Rs. 200 crore to strengthen the current product line-up of trucks and buses including the refurbishing of existing LCVs.  This reaffirms the company’s commitment towards delivering best-in-class products year on year to cater to various customer segments.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.