Mahindra plans to ship heavy, light trucks to Africa

Source: PTI

Utility vehicles major Mahindra is planning to ship its heavy and commercial vehicles to Africa over the next 18 months, a top company executive said on Wednesday. "About 10% of vehicles which we are selling, including light commercial vehicles (LCVs), are exported. We will perhaps go to some parts of Africa in the coming 18 months. We may begin shipment with our latest heavy truck model Blazo and other LCVs," Chief Executive Officer of Mahindra Truck and Bus Division, Nalin Mehta said in Hyderabad. However, Mehta did not provide more details about the plans. Replying to a query, he said their heavy trucks enjoy market share of 3.5% and expects it to double in the next two years. The company on Wednesday announced the launch of its new heavy commercial truck series under the brand name Blazo which comes with a range of models including haulages, tractor trailers and tippers. The Blazo was launched at the Auto Expo in February and today was its commercial launch. "Our truck and bus business has been growing steadily and is taking full advantage of the buoyancy in the HCV segment. We are confident that new Blazo heavy truck range will further enhance our position," Mehta said.  

March 23, 2016 | 07:00pm IST