Mahindra’s Big Bet: SML Isuzu Deal Accelerates Road to 20% Market Share

Mahindra & Mahindra (M&M) has formally agreed its record buy of 58.96% in SML Isuzu for ₹555 crore, marking a strategic expansion drive to nearly double its market share in the heavy commercial vehicle business. M&M top bosses clarified that SML Isuzu would remain as a listed company after the acquisition and that no entity-level transformation or merger would take place.

 

Major Points

This action is a turning point in M&M's quest to become a full-range commercial vehicle leader.

 

Sources: Moneycontrol, India Today, Reuters, CNBC-TV18, Financial Express, The Week, India Infoline