SML Mahindra to acquire M&M’s truck and bus business
SML Mahindra will consolidate Mahindra & Mahindra’s truck and bus operations into a unified commercial-vehicle company. M&M will continue contract manufacturing, while SML Mahindra assesses capacity, technology and sales-service network expansion.
SML Mahindra will acquire M&M’s truck and bus division to consolidate the group’s commercial-vehicle operations. M&M will continue contract manufacturing, while SML Mahindra evaluates capacity, technology and sales-service network expansion.
Why this matters
The move follows recent signals that SML Mahindra is consolidating Mahindra’s truck and bus business through a ₹525 crore deal, reinforcing its push to combine commercial-vehicle operations.
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