Mahindra Navistar launches 25/40 tonne trucks

Mahindra Navistar trucks launch

Mahindra Navistar, the heavy duty truck brand of Mahindra & Mahindra on Thursday launched to new heavy haulers in India. The company unveiled a 25-tonne tipper (MN25 Tipper) and 40-tonne tractor-trailer (MN40) in a bid to expand its portfolio in the fast-growing commercial vehicle market. The Bharat Stage III MN25 Tipper would cost Rs 23.26 lakh and the MN40 Rs 19.3 lakh, (ex-showroom Pune), respectively.

“We have entered new segments with the introduction of MN25 Tipper and MN40, and through these two products we would like to strengthen our range in the fast-growing medium and heavy commercial vehicles (M&HCV) segment,” said Rakesh Kalra, MD, MNAL.

Kalra further said the production line at the Chakan plant, near Pune, has a capacity to manufacture 50,000 commercial vehicles in three shifts and the capacity can be increased with minor investments. “We’re also extending our focus on bigger buses which will be introduced in the domestic market”, said Kalra

Mahindra Navistar Automotives Limited had earlier launched 25 tonne and 31 tonne trucks at the 2010 Delhi Auto Expo. In the next 2-3 years the company expect to sell 50,000 units per year as the market for commercial vehicles in India is growing at a rapid pace.

“We expect to sell 50,000 units per year in the next 2-3 years as the M&HCV market is expected to grow at a compounded annual growth rate of 10-15 per cent,” Nalin Mehta, COO of MNAL said.

Image courtesy: The Hindu

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