Mahindra Truck and Bus

Mahindra Truck and Bus (often shortened to MTB) is the commercial-vehicle arm of Mahindra & Mahindra Ltd., one of India's largest industrial conglomerates. The division designs, manufactures and sells medium- and heavy-duty trucks, light commercial vehicles and passenger buses under the Mahindra brand, serving haulage fleets, construction and infrastructure operators, and public and private bus transport in India and selected export markets. The business grew out of Mahindra's long-standing presence in utility vehicles and light commercial transport, and was formalised as a dedicated truck and bus unit as the group expanded into heavier commercial segments. Its product range spans haulage and tipper trucks, tractor-trailers, and buses for staff, school and intercity transport, with a service and parts network built around Mahindra's dealer footprint across India. MTB competes in a crowded Indian commercial-vehicle market dominated by larger players, and positions itself on value, fuel efficiency, driver comfort and Mahindra's group-wide engineering and after-sales support. It is a subsidiary division rather than a separately listed company; its financial results are consolidated within Mahindra & Mahindra Ltd., which is listed on Indian stock exchanges. Because the division operates as part of a diversified parent, its brand identity is closely tied to Mahindra's "Rise" philosophy and to the group's broader mobility portfolio, which also includes tractors, utility vehicles and electric mobility ventures.

Mahindra & Mahindra began in 1945 as a steel-trading venture and became one of India's best-known industrial groups, most famous for jeep-style utility vehicles and tractors. Its commercial-vehicle ambitions extended from light utility-based transport into heavier trucks and buses, and the group eventually organised these activities into a dedicated truck and bus business unit, commonly referred to as Mahindra Truck and Bus. The division built its range around medium- and heavy-duty haulage trucks, tippers for construction and mining, and buses for staff, school and intercity transport. Over time Mahindra introduced branded truck platforms and bus ranges aimed at fleet operators, backed by a service network drawing on the group's extensive Indian dealer footprint. The business also pursued export opportunities in South Asia, Africa and Latin America, where Mahindra's utility vehicles and tractors had already established a presence. As part of Mahindra & Mahindra Ltd., the truck and bus division shares the parent's engineering, sourcing and distribution resources and contributes to the group's broader mobility portfolio alongside utility vehicles, tractors and electric-mobility initiatives. Its results are consolidated into the listed parent company rather than reported as a standalone entity.

• Mahindra & Mahindra founded as a steel-trading company in India

• Group expands from utility vehicles and tractors into commercial vehicles

• Truck and bus activities organised into a dedicated Mahindra Truck and Bus division

• Branded truck and bus ranges introduced for Indian fleet operators

Value-focused Indian commercial-vehicle brand emphasising fuel efficiency, driver comfort and Mahindra's group-wide service network.

• Mahindra Blazo heavy-duty truck range

• Mahindra Furio intermediate commercial vehicles

• Mahindra Cruzio bus range

• Tipper trucks for construction and mining

• School and staff buses

• 2026.08.24

  Reported2026.08.25

  Mahindra Truck and Bus launches BLAZO i-TRK heavy commercial vehicle[1]马恒达卡车与客车推出BLAZO i-TRK重型商用车business-standard.com

  Mahindra Truck and Bus launched its new-generation heavy commercial vehicle BLAZO i-TRK, featuring an AI-enabled iFuelSmart automatic drive mode and a 7.2-litre mPOWER engine delivering 320 HP and 1,100 Nm torque. The company claims up to 10 per cent better fuel efficiency and potential additional profit of up to ₹15 lakh per vehicle over five years.

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1. 1马恒达卡车与客车推出BLAZO i-TRK重型商用车business-standard.com