Following his resignation, Vinod Sahay who is president, aerospace and defence and chief purchase officer (CPO)- auto and farm Sectors (AFS), will now have additional responsibility for the truck and bus and construction equipment business. Sahay will be designated as president and Chief Purchase Officer (CPO) for AFS and President for Aerospace and Defence, MTBD and CE after May 31, 2024.
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The BS-V (CEV/Trem) norms for the construction equipment industry will come into enforcement from April 1, 2024. While Mahindra Construction Equipment (MCE) is very bullish about the industry in the long term, it expects the domestic market to slow down in FY 2024-25. "We will not be surprised if the market comes back to the levels of FY 2022-23 in the FY 2024-25." Talking about upcoming trends on alternate fuel technology in the sector, the company is keeping its options open both from a make perspective as well as from a buy perspective.
Mahindra s entire range of BSV construction equipment like RoadMaster and EarthMaster, as well as the extensive truck range like BLAZO X m-DURA 35 Tipper, BLAZO X 28 Transit Mixer, FURIO 10 Fuel Bowser with 6KL and Loadking OPTIMO Tipper were on display.
NL Corresspondent Jammu Tawi: Mahindra’s Truck and Bus Division (MTBD) and Construction Equipment Division (MCE), a part of the Mahindra Group, today launched its latest offerings at EXCON 2023, demonstrating their commitment to innovation and reliability. The “Naya India ka Naya Tipper” Mahindra BLAZO X m-DURA and new CEV5 range of Construction Equipment’s are set