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India’s commercial vehicle, tractor, EV, construction equipment and mandi markets saw major developments this week, with strong sales, new launches, financing initiatives and key industry updates.
FlixBus boosts capacity on key Indian intercity routes, led by a 150% increase on Hyderabad-Tirupati, amid higher festive travel demand.
SML Mahindra reaches $1 billion valuation as M&M’s investment gains surge, MTBD merger advances, and Blazo i-TRK boosts commercial vehicle demand.
India’s AIS-156 amendment makes cybersecurity testing mandatory for wireless BMS in L-category EVs, targeting unauthorised access to critical battery functions.
VECV August 2026 sales increased 17.7% to 8,434 units, driven by strong Eicher domestic truck demand and 11.9% growth in Volvo Trucks sales.
TVS Motor appoints Peyman Kargar as CEO from January 2027, succeeding K. N. Radhakrishnan, with focus on global growth, innovation, technology and AI.
Mathura selects 511 families under Mukhyamantri Awas Yojana Gramin, with eligible beneficiaries set to receive the first ₹40,000 installment for permanent rural house construction soon.
Shivansh Mishra joins Daimler India Commercial Vehicles as BharatBenz Brand Manager, bringing extensive experience in strategic communications, branding, public relations, content development and institutional communication.
Euler Motors expands its Palwal manufacturing facility with a dedicated 4W production line, ₹100 crore investment and 24,000-unit annual capacity for Turbo EV 1000 and Storm EV.
Escorts Kubota breaks ground on a ₹2,000 crore, 154-acre Uttar Pradesh plant to manufacture tractors, farm equipment, construction machinery and engines for domestic markets and global exports.
MoRTH mandates automatic load covers on tippers and dumpers from April 2027 to reduce dust, material spillage and improve road safety across India.
Escorts Kubota Q1 FY27 tractor sales rose 20.5% to 36,862 units. Revenue, profit, and market share improved, supported by strong demand, operational execution, and upcoming tractor launches.
Tata Motors reported 39,641 commercial vehicle sales in July 2026. Domestic CV sales rose 28%, exports surged 128%, while every major commercial vehicle segment recorded healthy year-on-year growth.
VECV sold 6,911 commercial vehicles in July 2026, up 21.4%. Eicher domestic sales surged while Volvo Trucks posted double-digit growth despite a slight decline in exports.
Escorts Kubota sold 8,731 tractors in July 2026, up 22% YoY. Strong domestic demand, improved monsoon and faster Kharif sowing supported growth despite weaker cumulative exports.
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