The move will consolidate Mahindra Group’s truck and bus operations under a single entity, creating a wider commercial vehicle portfolio spanning light, intermediate and heavy trucks, along with buses. Mumbai: SML Mahindra Ltd. has approved the acquisition of Mahindra & Mahindra’s (M&M) Truck and Bus Division (MTBD) through a slump sale, marking a significant step in the Mahindra Group’s strategy[Read More…]
GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, announced its partnership with Dabur India Ltd., one of India’s leading FMCG companies, to help decarbonise its supply chain through LNG-powered fleet. Under the partnership, GreenLine will deploy its LNG-powered trucks across Dabur India’s logistics operations, supporting the company’s efforts[Read More…]
TAFE Motors and Tractors Limited (TMTL), a wholly owned subsidiary of Tractors and Farm Equipment Limited (TAFE), inaugurated its new DEUTZ engine production facility at its existing manufacturing plant in Alwar, Rajasthan, marking the first-ever production and manufacturing collaboration between TAFE Motors and DEUTZ AG. Founded in 1864 in Cologne, Germany, where it is still based today, DEUTZ is the[Read More…]
The Delhi Government has approved the implementation of the Union Ministry of Road Transport and Highways’ Parivartan scheme (Program for Accelerated Renewal and Incentivisation of Vehicle Assets for Reducing Transport Air Pollution and Network Emission) in the national capital. The initiative aims to phase out ageing, high-emission commercial vehicles and encourage their replacement with cleaner BS-VI or electric vehicles (EVs),[Read More…]
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