New Delhi: SML Mahindra is looking to raise its market share in the commercial vehicle segment to 10-12 per cent by FY31, from around 7.2 per cent currently, a year after the SML acquisition, and cross 20 per cent by FY36, a senior company executive said on Wednesday.
Mahindra & Mahindra completed the acquisition of 58.96 per cent controlling stake in commercial vehicle manufacturer SML Isuzu Ltd and has renamed it as SML Mahindra Ltd (SML) last year.
