Mahindra positive about LCV growth in FY23, plans to expand production capacity
The maker of Bolero pickups has planned an annual production capacity of over 2 lakh units for its cargo LCVs in the 2-3.5 tonne payload category. Apart from macroeconomic factors, it does not see any major challenges to meet its future targets in this segment. The company said semiconductor chip shortage has not impacted it in this category to the extent of affecting the production.
Tags : Mahindra Bolero Pik-up light commercial vehicle lcv sales in india commercial vehicle sales in india tata motors ace mahindra production capacity mahindra chakan plant mahindra Kandivali plant
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