CCI Clears Mahindra Acquisition of SML Isuzu
ECONOMY & POLICY

CCI Clears Mahindra Acquisition of SML Isuzu

The Competition Commission of India (CCI) has approved the proposed acquisition of SML Isuzu Limited by Mahindra & Mahindra Limited. The decision gives the green light to Mahindra's expansion in the commercial vehicle sector through this merger.

SML Isuzu manufactures and sells commercial vehicles, while Mahindra & Mahindra, a flagship company in the renowned Mahindra Group, operates across a diverse portfolio that includes automotive, farm equipment, financial services, IT, logistics, infrastructure and more. This approval allows Mahindra to integrate SML Isuzu’s operations into its existing commercial vehicle business.

The CCI noted the strategic importance of this combination but confirmed that it does not raise competition concerns that would restrict or impair market competition. A detailed order outlining the Commission’s reasoning will be released shortly.

This merger reinforces Mahindra’s position in the commercial vehicle segment, strengthening its product offerings and market reach within an industry that is vital to India’s infrastructure and logistics ecosystems.

The Competition Commission of India (CCI) has approved the proposed acquisition of SML Isuzu Limited by Mahindra & Mahindra Limited. The decision gives the green light to Mahindra's expansion in the commercial vehicle sector through this merger.SML Isuzu manufactures and sells commercial vehicles, while Mahindra & Mahindra, a flagship company in the renowned Mahindra Group, operates across a diverse portfolio that includes automotive, farm equipment, financial services, IT, logistics, infrastructure and more. This approval allows Mahindra to integrate SML Isuzu’s operations into its existing commercial vehicle business.The CCI noted the strategic importance of this combination but confirmed that it does not raise competition concerns that would restrict or impair market competition. A detailed order outlining the Commission’s reasoning will be released shortly.This merger reinforces Mahindra’s position in the commercial vehicle segment, strengthening its product offerings and market reach within an industry that is vital to India’s infrastructure and logistics ecosystems.

Next Story
Real Estate

Swamiraj Rebrands as House of Swamiraj, Announces Rs 210 Cr Projects

In a strategic shift marking its evolution from a reputed builder to a lifestyle-focused brand, Swamiraj Constructions has rebranded as House of Swamiraj. With a two-decade legacy and over 1,700 homes delivered across the Mumbai Metropolitan Region (MMR), the company is embracing a new phase centred on community-driven, wellness-oriented living. The rebranding was unveiled via a digital campaign titled #BeyondDimensions, executed in three phases—teaser, engagement, and launch. The campaign spotlighted the brand’s renewed commitment to designing homes that go beyond function to foster ..

Next Story
Real Estate

Notandas Realty Delivers '96 Tagore' Two Years Ahead of Time

Notandas Realty has completed the handover of its landmark ultra-luxury residential project, ‘96 Tagore’ in Santacruz (West), Mumbai, a full two years ahead of schedule. The project, which has received its full Occupation Certificate (OC), is a major milestone in the developer’s legacy of delivering high-end residences ahead of time and to the highest standards. Located on a half-acre plot, ‘96 Tagore’ comprises 43 limited-edition 3 and 4 BHK residences, priced between Rs 8 crore and Rs 20 crore. With a record sale price of Rs 81,500 per sq ft, the development stands among Santa..

Next Story
Infrastructure Urban

Bihar Unveils Major Infrastructure Plan for Inland Waterways

Union Ports, Shipping and Waterways Minister Sarbananda Sonowal announced a comprehensive infrastructure initiative to strengthen inland water transport in Bihar. Launched in Patna during the first workshop on National Waterway 1 (the Ganga), the plan aims to transform the waterway into a modern, sustainable transport network.Key project highlights and infrastructure upgrades include:Two hybrid electric catamaran vessels, offering cleaner and quieter river transportInstallation of Quick Pontoon Opening Mechanisms (QPOMs) at four locations, enhancing river crossing efficiencyTwo RO PAX terminal..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?