Ad Here  
August
September
October
November
December
January
 
 
AL secures orders for 3600 buses Vellayan is back, after 150 days TI Cycles plans retail expansion to drive sales for premium bicycles Ponni Sugars (Erode) Ltd: not so sweet 2012-13 A welcome initiative-even critics are recognised Tata Steel, ThyssenKrupp sign MoU to merge European units When small is not so beautiful… Housing demand revival E.I.D Parry (India) Ltd: another sweet year 29 per cent jump in TCS revenues TVS Automobile invests Rs.75 crore in start-up firms Eyes strong growth in 2016-17 Solar installations exceed 2015 capacity in five months TN government keen on revival of operations at Nokia complex L&T bags the Mumbai Trans-harbour link order Shriram Life clocks more than Rs.1000 crore premium in 2015-16 From the toughest to the best year Last stages HPCL plans Rs.61,000 crore capex over 5-years Sivasankaran enters taxi space to take on Uber and Ola V-Guard launches app-enabled water heater system Kone India eyes further growth in elevator market Is this a generation gap? Hyundai to focus on SUVs and AMT variants Tata Motors joins compact SUV bandwagon with Nexon Dish TV – subscriber additions encouraging Tata Motors aims to be among the Top 3 global CV & PV firm Titan Company – sales recovery to kick in Tata Motors charts investments in PV and CV businesses Are they really independent? Gamesa to set up a plant in Nellore L & T set bigger ambitions in defence business Hyundai India achieves 7 mn production at Chennai factory Chinese smart phones flourish in small towns too! Tata Motors bets on new launches Back in growth mode Nissan exit shouldn’t affect ALL Right to privacy – now it’s fundamental! Mercedes-Benz sales continue to zoom It takes two to tango Carnival Films acquiring 3000 screens pan India Land wars Increasing market share Preparing for the next growth curve Smooth sailing of SAIL Daimler grows sales and share in India AL introduces Guru & Partner The gainers and the losers Singur minus Nano – victory or folly? Daimler’s truck exports from Chennai cross 5000 units TVS Srichakra plans capacity expansion Emami – a new growth mantra Tata gets 4-star rating for Zest The unexpected exit Smartphone onslaught by Chinese brands Sundram Fasteners rejigs international Welcome focus to improve rural India... ITC chairman calls for policy impetus to transform agriculture Ode to Ratan Tata Hindalco – re-rating PSU non-life firms seek to protect share Forging industry worried over lower supply of steel and its price Rane targets Rs.5500 crore topline by 2018-19 Maruti – for young buyers M & M unveils driverless technology for tractors Consolidating leadership position in smartphones A niche in FMCG business... L&T profit up by 11 per cent Toyota and Suzuki to introduce EVs in India by 2020 Aurobindo Pharmacy: good turnaround Wabco launches safety system LVB posts 31 per cent growth in Q1 net profit Bajaj Finserv – Q1: fare well Yamaha unveils scooter boutique Record two-wheeler sales He excels in the nuts and bolts of entrepreneurship New India Assurance posts impressive show IOB on turnaround path PPP model for infrastructure development AL wins Deming prize again CAPITAL NOTES RoC in the dock... L & T’s floating dock for navy ITC – steep excise hike Michelin to double Chennai capacity
 
Daimler’s truck exports from Chennai cross 5000 units

Daimler India Commercial Vehicles (DICV) has exported over 5000 trucks from its factory near Chennai. This has been achieved in less than three years after the start of exports in 2013.  That’s a pheonomenal achievement indeed.

DICV has been exporting Oragadam-built trucks under Fuso brand to Asian and African markets. The Chennai factory now serves more than 20 countries in Asia, the Middle East, Africa and Latin America. Also, about 10 more markets will be added during this year, according to a company statement.  That’s fast growth, for sure.

The Fuso range of vehicles currently features four medium-duty (9-16 tonnes) trucks and twelve heavy-duty (16-49 tonnes) trucks, which are developed and rigorously tested to meet the diverse requirements of the target markets. As these products are expanding, the Fuso brand’s product line-up in segments that were previously not served, opening additional growth opportunities.  The company is certain to tap most of these openings.

“Our successful domestic BharatBenz business is one pillar of DICV’s strategic role and exports of vehicles and production material is another. We are proud of 5000 trucks produced for Fuso and more than nine million parts exported to other units within Daimler Trucks worldwide – these are the kind of success stories which underline the potentials of Make in India,” said Erich Nesselhauf, Managing Director and CEO, Daimler India Commercial Vehicles.  Pride in one’s work is welcome anywhere.

DICV has also exported a few hundred bus chassis produced at its bus plant, located next to the truck plant on the premises of DICV’s production unit at Oragadam. It has also been supplying vehicle kits to Kenya for local assembly by a Fuso partner since March 2016 - starting with 25-tonne truck model, further vehicles from the new robust Fuso range will be added subsequently.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com