The domestic auto manufacturer, Mahindra is planning to export its existed and upcoming series of heavy commercial vehicles to the African market in the coming 18 months, according to the report from Economic Times. Approximately around 10 percent of the total vehicles, including LCVs, HCVs and utility vehicles exported to the global markets. Now, Mahindra plans to expand its business in the some more markets, including Africa by exporting a variety of models. So that we are interested in exporting the heavy CVs along with the mini commercial vehicles to the some parts of Africa in the coming 18 months. In the part, the company will start the export business with the Blazo, new heavy truck model, and some more LCVs, according to Nalin Mehta, CEO of Mahindra (Truck and Bus Division).
The new light commercial vehicles existed in the country are Supro Van, Imperio premium truck, Supro Maxiturck, Genio, as well. With the new decision, the export business of Mahindra will be increased in the next two to three years. In the last month, the company exported a total of 2,654 vehicles including SUVs, pick-up trucks, etc.
Mahindra has not revealed the more details about shipment but, the company expected that the market share of heavy trucks will be doubled in the next 18 months. As of now, Mahindra heavy trucks hold 3.5 percent market share. The series of heavy commercial trucks will be introduced under the brand name of Blazo, which has been launched in February at the Auto Expo. The new series of the Mahindra Blazo will be offered with the different models like tippers, tractor trailers and haulages.
The company’s heavy trucks definitely meet the business needs as well as outperform at each and every stage. Moreover, the trucks offer with the better payload capacity, guaranteed better performance, better productivity with the next-generation features and driver information system. In the further years, the company will implement the new automotive technologies in offering the commercial vehicles.
Mahindra gets more than 6,000 inquiries for the Blazo since the launch in February 2016 with the FUELSMART engine technology. Based on the reports, around 55 variants of Blazo series models will be offered in the range of tippers and trucks. New versions will be offered with the additional mileage of 3 to 8 percent than the existed ones to overcome from the competition as well as improve the brand name.
Mahindra’s truck and bus division contribute the highest business in the HCV segment and it will be increased steadily in the coming years. Mahindra has full confident about the new series of Blazo heavy truck, which will be improved the company’s export business growth as well as position in the market, according to Mehta.
Apart from this, Mahindra has been investing a total amount of Rs. 600 crore for offering the new intermediate vehicles in the LCV segment and the models will arrive the showrooms in the next 24 to 25 months. After the development of 8-12 tonne capacity LCVs completed, Mahindra will have an entry in the big size buses, he said.