SML Mahindra targets 10-12 pc commercial vehicle market share by FY31

SML Mahindra targets 10-12 per cent commercial vehicle market share by FY31. The company also aims to achieve over 20 per cent market share by FY36. At least ten percent of their total bus portfolio will become electric within two years. This follows the recent acquisition and renaming of SML Isuzu Ltd. The commercial vehicle segment expects high single-digit growth this financial year.