While the industry is expected to grow 20-50 per cent, Mahindra is expecting a 32-33 per cent growth this year. The company is also investing Rs 700 crore to launch vehicles in the intermediate commercial vehicle and light commercial vehicle categories two years from now. Picture by Kishor Roy ChowdhuryCalcutta, June 14: Mahindra Truck and Bus Division, a part of the Mahindra group, plans to increase its market share to 8 per cent in two years. The company today launched its heavy commercial vehicle truck series Blazo in the state. "There will be two cabins with 11 different products in the 8-15-tonne category for the intermediate commercial vehicle segment.

Source: The Telegraph June 14, 2016 21:27 UTC