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Indian Economy Holds Steady as GST Collections Rise in August

India’s economy showed resilience in August, even as global trade headwinds and higher US tariffs loomed large. Latest high-frequency indicators point to steady momentum, underpinned by robust domestic demand and strong manufacturing activity. GST Collections Edge Up Goods and Services Tax (GST) revenues rose 6.5% year-on-year to ₹1.96 lakh crore in August. The figure was marginally lower than July’s collections,[Read More…]

by September 2, 2025 News
Ashok Leyland Expands Footprint in Odisha with New Jajpur Dealership

Ashok Leyland Expands Footprint in Odisha with New Jajpur Dealership

Ashok Leyland, the Indian flagship of the Hinduja Group and a commercial vehicle manufacturer, has expanded its presence in Odisha with the inauguration of a new Light Commercial Vehicle (LCV) dealership in Jajpur. This marks the company’s sixth LCV outlet in the state. The new dealership, operated by Shantilata Company, is a full-fledged 3S facility (Sales, Service and Spares)strategically located at[Read More…]

by September 2, 2025 News
Mahindra Last Mile Mobility Retains EV Leadership in August 2025

Mahindra Last Mile Mobility Retains EV Leadership in August 2025

Mahindra Last Mile Mobility Ltd (MLMML) has once again underlined its dominance in the electric commercial vehicle (CV) segment, retaining leadership through August 2025. The milestone builds on a consistent run at the top for the last three fiscal years, a position secured by the company’s early commitment to electrification. MLMML took a decisive step in 2018 by entering the[Read More…]

by September 1, 2025 News
Mahindra’s Trucks & Buses Business sells 1701 vehicles in August 

Mahindra’s Trucks & Buses Business sells 1701 vehicles in August 

  Mahindra & Mahindra Ltd. (M&M Ltd.), today announced that its overall salesincluding exports in the Trucks and Buses business (CV >3.5T) for the month of August 2025 stood at 1701 vehicles,a degrowth of 9%.  Consequent to the acquisition of majority stake in SML Isuzu Ltd. (“SML”), Mahindra’s Trucks & Buses business now comprises of Mahindra Trucks & Buses division and SML.   According to Vinod Sahay, President – Aerospace, Defence, Trucks & Buses, M&M, “The CV industry remained under pressure in August due[Read More…]

by September 1, 2025 News