In a bid to bring more focus and turnaround its ailing truck and bus business, Mahindra and MahindraBSE 0.36 % (M&M) has drafted R&D head Rajan Wadhera to take charge of the division.
he appointment comes after Pawan Goenka took over a larger portfolio as executive director on the board of M&M, which included heading the utility vehicles and tractor businesses to two-wheelers.
The company needed someone who could oversee the truck and buses more closely, an M&M official said. Thus, Wadhera will have a dual responsibility of running the R&D function and Mahindra Trucks and Buses.
So apart from being chief executive , technology, product fevelopment and sourcing, he will also be the director and head of Mahindra Trucks and Buses. Nalin Mehta, MD of Mahindra Trucks and Buses will report into Wadhera.
An ex-Eicher Motors official, Wadhera has a fair understanding of the commercial vehicles business. "We are investing Rs 500 crore in this business for the next three years. Read more..
Source: Automobile News
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