Mahindra & Mahindra Ltd, India's leading manufacturer of utility vehicles and leaders in the LCV <3.5 t segment, today announced the launch of the Mahindra Veero, starting at INR 799,000. It comes with a standard 3-year/100,000-km warranty with 20,000-km regular service intervals.

Based on Mahindra’s Urban Prosper Platform (UPP), India’s first ground-up multi-energy modular CV platform, the Veero sets a new industry standard with first-in-segment tech and features such as a driver-side airbag, reverse parking camera, a 26.03 cm touchscreen infotainment system, steering-mounted controls and power windows.

Mahindra Veero is powered by a 1.5-litre mDI diesel engine that delivers 59.7 kW and 210 Nm of torque or the Turbo mCNG engine with its best-in-class power of 67.2 kW and 210 Nm of torque. Furthermore, the Veero offers customisable cargo options, making it ideal for a wide range of business needs. It offers a payload capacity of 1,600 kg for diesel and an impressive 1,500 kg for CNG variant, 3035 mm cargo length, 18.4 km/l mileage for diesel and a 5.1-metre turning radius.

Mahindra Veero adheres to the AIS096 compliance crash safety standards. Other advanced safety features include a False Start Avoidance System and an immobilizer to prevent unauthorised starts. The Veero is equipped with iMAXX connected solutions, with over 50 features that allow customers and fleet owners to conveniently monitor their vehicles using the iMAXX application on smartphones. The application is available in six languages – English, Hindi, Tamil, Kannada, Telugu and Malayalam.

Veejay Nakra, President – Automotive Division, Mahindra & Mahindra Ltd, said, “The Mahindra Veero will further strengthen our leadership in the LCV <3.5 t segment. Built to help customers maximise earnings, it offers best-in-class payload, exemplary mileage and superior manoeuvrability. With multiple segment-first technology and features, the vehicle ensures a premium cabin experience, unmatched safety, exceptional performance and capability. The Mahindra Veero is designed to be a category disrupter ahead of all other offerings in this segment, truly living up to the promise of being ‘Soch Se Aage’."

R Velusamy, President – Automotive Technology and Product Development, Mahindra & Mahindra Ltd, said, “The Mahindra Veero, built on the all-new Urban Prosper Platform, is a testament to our commitment to innovation and versatility. Designed to support multiple powertrain options, including electric in the near future, it addresses the diverse operational needs of businesses, offering flexibility like never before. Safety has been a top priority in its development, with industry-leading standards ensuring maximum protection for all occupants. Engineered to excel in even the most challenging conditions, the all-new Veero sets new benchmarks in its category, especially in comfort, performance, safety and long-term reliability."

Price details (ex-showroom) are given below (Airbag option on V2 and V4 at additional INR 15,000):

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Pune-headquartered alternative energy vehicle manufacturer EKA Mobility has appointed Sanjay Kumar Bohra as its new Chief Commercial Officer (CCO).

In his new role, he will lead the Financial & Commercial strategy for EKA Mobility and the group, driving growth, efficiency and value creation across the organisation. Bohra comes with around four decades of experience across finance, banking and Business Process Services (BPS).

Prior to joining EKA Mobility, he served as the Group CFO at Force Motors, having spent over a decade at the company, leading finance function across domestic and international operations. He has also worked with the likes of Citigroup and Tata Consultancy Services in his professional career.

Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility & Pinnacle Industries, said, "We are glad to welcome Sanjay to the EKA family. His deep understanding of finance, coupled with a strong track record in business transformation and strategic leadership, will be instrumental in propelling EKA’s next phase of growth. He will play a key leadership role not just at EKA Mobility, but across our group, as we scale our operations and expand our global footprint."

Sanjay Kumar Bohra, said, "I am excited to join EKA Mobility at such a transformative time for the automotive and clean mobility industry. EKA’s bold vision, innovation-led approach, and strong commitment to sustainability are aligned with my professional ethos, and I look forward to contributing to the EKA and the group’s continued success and global expansion."

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The Indian commercial vehicle (CV) industry is likely to see wholesale growth of 3-5 percent in FY2026, backed by the resumption of construction and infrastructure activities. The report states that while domestic CV wholesale volumes saw a marginal 0.1 percent YoY increase in May 2025, retail volumes witnessed a 3.7 percent YoY contraction.

For the initial two months of the fiscal year 2026 (April-May 2025), CV wholesale volumes declined by 0.7 percent on a YoY basis. The decline in retail volumes, which also saw an 11.3 percent sequential drop in May 2025, suggests elevated inventory levels at dealerships.

Breaking down the performance by segment, the medium and heavy commercial vehicle (M&HCV) segment saw its retail sales volumes decline by 4.4 percent YoY in May 2025, with a significant sequential decline of 18.9 percent. ICRA noted that regional disruptions and the geopolitical situation had some impact on demand for the month. M&HCV (trucks) wholesale volumes are anticipated to register a modest 0-3 percent YoY growth in FY2026, following a 4 percent decline in FY2025.

Similarly, retail volumes in the light commercial vehicle (LCV) segment in May 2025 declined by 3.2 percent YoY and 4.9 percent sequentially, reflecting muted demand. LCV (trucks) wholesale volumes are expected to register a limited 3-5 percent YoY growth in FY2026. The increasing preference for pre-owned vehicles over new ones in this segment has also impacted demand recently.

Despite the subdued performance in May, ICRA forecasts a modest YoY growth of 3-5 percent in wholesale volumes for the domestic CV industry in FY2026, after a marginal 1.2 percent year-on-year decline in FY2025. While M&HCV (trucks) and LCV (trucks) segments are expected to see modest volume growth, the buses segment is projected to experience a relatively higher growth of 8-10 percent for the fiscal year.

The anticipated pick-up in construction and mining activities, coupled with a steady economic environment, is expected to support demand prospects for the LCV (trucks) and M&HCV (trucks) segments. Meanwhile, replacement demand is likely to be a key driver for volume growth in the buses segment.

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Chennai-based commercial vehicle major Ashok Leyland has bagged an order to deliver 200 trucks to Instant Transport Solution, a key express logistics player in India.

Instant & XP India, is a leading express logistics player in e-commerce, FCL, LCL and 3PL space, is one of the fastest-growing integrated logistics businesses in India.

It currently operates a fleet of around 2,100 trucks and has placed a substantial order of 200 units of Ashok Leyland’s trucks. The first batch of 100 units of 1916 single axle and 2820 multi-axle haulage trucks were delivered, marking the beginning of this extensive fleet expansion.

Sanjeev Kumar, President – MHCV, Ashok Leyland, handed over the keys to the first batch of 100 trucks to Rajbir Singh Chaudhary, Chairman, Instant Transport Solution, in the presence of senior executives from both organisations.

Sanjeev Kumar, said, “We are delighted to deliver the first batch of 1916 single axle and 2820 multi-axle haulage trucks to Instant Transport Solution. This order underscores the confidence customers place in our robust, innovative and reliable vehicles. As we continue to push the boundaries of technology and customer experience, collaborations like these will help shape a more efficient, future-ready logistics sector.”

Rajbir Singh, said, “We have complete trust in the quality and performance of Ashok Leyland trucks. Their outstanding after-sales support ensures seamless operations for us, while their growing service network further enhances our capabilities. This delivery represents more than just new trucks – it signifies a deepening partnership aimed at advancing logistics efficiency. With Ashok Leyland’s dedication to innovation and our forward-thinking approach to transportation, we look forward to continued success on the road.”

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Mumbai-headquartered automotive major Mahindra & Mahindra has launched its all-new Bolero MaXX Pik-Up HD 1.9 CNG small commercial vehicle (SCV) at INR 1.11 million (ex-showroom). The new model expands the company’s popular Bolero Pik-Up brand.

The Bolero MaXX Pik-Up HD 1.9 CNG comes with a 2.5-litre turbocharged CNG engine, delivering 61 kW power, 220 Nm of torque @ 1,200-2,200 rpm and a payload capacity of 1.86-tonne. The SCV is specifically designed for long-distance operations and offers a claimed range of up to 400 km on a single CNG fill, supported by its 180-litre tank capacity. The SCV comes with a 5-speed manual gearbox and power steering.

In terms of connectivity, the Bolero MaXX Pik-Up HD 1.9 CNG is the company’s first CNG pickup offering with iMAXX telematics solution tech, providing fleet operators complete overview of the vehicle performance.

The SCV comes with air conditioning and heating systems for all weather driving, as well as a height-adjustable driver seat for ergonomic support.

The cargo bed designed to support diverse customer needs measures 3050 mm in length. Complementing the vehicle are the 16-inch tyres and durable leaf spring suspension on both front and rear axles.

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