Mahindra Eyes Bigger Share Of India’s Truck Market, Targets ₹12,500 Crore Business By FY31

Mahindra Eyes Bigger Share Of India’s Truck Market, Targets ₹12,500 Crore Business By FY31

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Chetan Bhutani
  • Updated Aug 18, 2026 1:53 PM IST

Business Today’s Chetan Bhutani speaks exclusively with Vinod Sahay, Chairman, SML Mahindra, on the company’s ₹12,500 crore FY31 ambition, doubling market share to 12%, the SML Mahindra acquisition, investments in products and technology, and the outlook for India’s commercial vehicle industry. Sahay says the CV sector is poised for significant growth, driven by infrastructure spending and a resilient Indian economy.

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