Mahindra’s Mega Truck Play: SML Isuzu Acquisition Shifts Gears in Heavy Vehicle Race

Unknown Apr 02, 2026 1,150 Views

Mahindra & Mahindra (M&M) has announced a landmark move to acquire a 58.96% stake in SML Isuzu Ltd for ₹555 crore, marking a strategic leap into India’s high-growth truck and bus market above 3.5 tonnes. The deal, which involves buying out stakes from Sumitomo Corporation and Isuzu...