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Company type | Subsidiary |
---|---|
Industry | Automotive |
Founded | 2005 |
Headquarters | Pune, Maharashtra, India |
Area served | India, Bangladesh, Nepal, Sri Lanka |
Key people | Rajesh Jejurikar (ED) |
Products | Commercial Vehicles |
Number of employees | 900 approx. (Mar-2014) |
Parent | Mahindra & Mahindra |
Website | mahindratruckandbus |
Mahindra Truck and Bus Division, formerly called Mahindra Navistar [1] / Mahindra International, [2] is an Indian commercial vehicle manufacturer formed in 2005 from a joint venture between Navistar International (49%) of the United States and Indian automobile maker Mahindra & Mahindra (51%). [3] It has been demerged [4] into Mahindra & Mahindra Ltd and became a separate division.
Mahindra Truck and Bus Division's head office is located in Chinchwad, Pune, and its manufacturing line is inside Mahindra Vehicles Manufacturers Ltd., Chakan, Pune.
In 2016, the Mahindra Truck and Bus Division announced a joined road safety initiative with the Ministry of Road Transport and Highways, the national #HaveaSafeJourney (#HASJ) awareness campaign. [6] This involved a writing contest for 30 short stories related to road safety issues, which the following year were published as a book. [7] Among notable writers contributing to the book were Tuhin Sinha, who also acted as project advisor, [6] Kiran Manral and Pankaj Dubey. [8]
A semi-trailer truck is the combination of a tractor unit and one or more semi-trailers to carry freight. A semi-trailer attaches to the tractor with a type of hitch called a fifth wheel.
Iveco S.p.A., an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company with headquarters in Turin, Italy. It designs and builds light, medium, and heavy commercial vehicles. The name IVECO first appeared in 1975 after a merger of Italian, French, and German brands. Its production plants are in Europe, China, Russia, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about €10 billion.
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The automotive industry in India is the world's fourth-largest by production and valuation as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales.
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Mahindra & Mahindra is an Indian automobile manufacturing company headquartered in Mumbai, Maharashtra. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India; the Mahindra Tractors subsidiary is the largest manufacturer of tractors in the world by volume. It was ranked 17th on a list of top companies in India by Fortune India 500 in 2018. Its major competitors in the Indian vehicular market include Maruti Suzuki India and Tata Motors. Dr. Anish Shah is the current CEO and Managing Director of Mahindra & Mahindra.
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