Daimler India commercial vehicles business soars 37 percent last year

Daimler India Commercial Vehicles sold more than 14,000 units of its trucks in 2015 to register a healthy 37 percent year on year growth.

The company forayed into the Indian market in September 2012 and since then has seen significant growth, selling over 30,000 units. Daimler’s Indian truck and bus brand has introduced 20 products so far in the country’s Commercial Vehicle segment since then.

Mr. Erich Nesselhauf, Managing Director and CEO of Daimler India Commercial Vehicles, said: “2015 has been another successful year for us. With our portfolio of modern trucks, we have powered ahead on our growth course domestically in India and in our export business. This success was made possible thanks to the excellent contributions of the entire team and our partners.”

In 2015, the company started bus production in the 425-crores expansion of the company’s manufacturing operations in Oragadam, thus entering into the bus segment with BharatBenz staff buses and Mercedes-Benz Super-High-Deck (SHD) luxury coach It l aunched the second wave of truck products – including BharatBenz high-powered engine trucks, BharatBenz heavy-duty tractors along with l aunch of the BharatBenz 3143 CM, the first Super-Heavy-Duty truck localized in India It Displayed the widest range of mining and construction vehicles at the 2015 EXCON in Bengaluru, South East Asia’s largest construction equipment, and technology trade fair, c rossed the 4-million exports mark of Indian-made parts to other Daimler Trucks entities across the globe

Regarding the prospects of 2016, Mr. Nesselhauf continued: “With important new BharatBenz product generations hitting the market in 2016, we are committed to sustainably grow our business as part of Daimler Trucks Asia. Both in the medium and heavy-duty segment we will once more raise standards and customer value. At the same time, Indian-made FUSO trucks will play a key role in opening up important growth markets in Asia, Africa, and Latin America.”

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