With SML Isuzu acquisition, Mahindra eyes bigger play in more than 3.5 tonne truck, bus market
Mahindra & Mahindra will acquire a majority stake in SML Isuzu. This acquisition aims to make Mahindra a significant player in the truck and bus segment. The deal will also boost Mahindra's presence in the electric bus market. Mahindra targets a substantial market share increase in the coming years.