Commercial Vehicles in India: News & Updates


350Z

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Mahindra Construction Equipment Division (MCE) has inked a Memorandum of Understanding (MoU) as a strategic partnership with Bank of Maharashtra to offer tailored financing solutions.
  • The tie-up is set to offer unique financial assistance for the purchase of M&M’s current and forthcoming BS-V range of construction equipment.
  • This partnership will provide customers with hassle-free and adequate credit for the purchase of construction equipment such as RoadMaster, EarthMaster as well as the range of attachments.
  • Bank of Maharashtra has a network of over 2,400 branches and 46 Zonal offices. Customers can visit nearest Mahindra Construction Equipment dealership to avail financing solutions tailored to their specific needs
Bank Of Maharashtra MoU Mahindra Construction Equipment.jpg

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350Z

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Tata Motors today flagged off its green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and Ultra EV bus, powered by Liquefied Natural Gas and battery electric technologies.

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Speaking about the long-standing partnership with Tata Motors, T. V. Narendran, Chief Executive Officer & Managing Director, Tata Steel said: “This delivery marks another significant milestone in our long-standing partnership with Tata Motors. As leaders in our respective industries, Tata Steel and Tata Motors share a common vision for sustainability and innovation. By harnessing our collective expertise and resources, we are not only revolutionising our industries but also leading the way in environmental responsibility. Together, we are committed to driving positive change and delivering eco-friendly solutions that not only benefit our businesses but also contribute to a greener tomorrow."

Speaking about the future-ready vehicles being flagged-off, Mr. Girish Wagh, Executive Director, Tata Motors said, “Tata Motors is driving the global megatrend of sustainable, safe and smart mobility in India. Our green fleet of commercial vehicles will accelerate Tata Steel’s efforts towards making its supply chain carbon neutral. We have collaborated with them and their transportation partners to design holistic solutions for enhancing functionality, performance, connectivity and safety. Every aspect of these vehicles has been purposefully augmented to cater to varied duty cycles and special applications. We look forward to strengthening our historic partnership in our respective quests of reducing carbon footprint and achieving net-zero emissions by 2045.”

Tata Motors new age fleet of commercial vehicles come equipped with multiple safety features including Advanced Driver Assistance System (ADAS), Electronic Stability Control, Active Traction Control and Driver Monitoring System, amongst others. The vehicles were handed over to Tata Steel’s delivery partners for transporting steel products and raw materials.
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