Ad Here  
L & T’s floating dock for navy Last stages Welcome focus to improve rural India... Rane targets Rs.5500 crore topline by 2018-19 PPP model for infrastructure development L&T profit up by 11 per cent L & T set bigger ambitions in defence business Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Kone India eyes further growth in elevator market Housing demand revival Hyundai India achieves 7 mn production at Chennai factory Mercedes-Benz sales continue to zoom Tata Motors aims to be among the Top 3 global CV & PV firm Solar installations exceed 2015 capacity in five months From the toughest to the best year A welcome initiative-even critics are recognised Sundram Fasteners rejigs international The unexpected exit A niche in FMCG business... RoC in the dock... PSU non-life firms seek to protect share He excels in the nuts and bolts of entrepreneurship Sivasankaran enters taxi space to take on Uber and Ola Titan Company – sales recovery to kick in AL wins Deming prize again L&T bags the Mumbai Trans-harbour link order Aurobindo Pharmacy: good turnaround Tata Motors charts investments in PV and CV businesses It takes two to tango The gainers and the losers Carnival Films acquiring 3000 screens pan India Ponni Sugars (Erode) Ltd: not so sweet 2012-13 New India Assurance posts impressive show Increasing market share IOB on turnaround path Daimler’s truck exports from Chennai cross 5000 units Is this a generation gap? Smartphone onslaught by Chinese brands When small is not so beautiful… 29 per cent jump in TCS revenues ITC – steep excise hike Vellayan is back, after 150 days Hindalco – re-rating Back in growth mode Toyota and Suzuki to introduce EVs in India by 2020 Emami – a new growth mantra Right to privacy – now it’s fundamental! Consolidating leadership position in smartphones AL secures orders for 3600 buses E.I.D Parry (India) Ltd: another sweet year Forging industry worried over lower supply of steel and its price V-Guard launches app-enabled water heater system Eyes strong growth in 2016-17 Singur minus Nano – victory or folly? Are they really independent? Chinese smart phones flourish in small towns too! TI Cycles plans retail expansion to drive sales for premium bicycles Michelin to double Chennai capacity Smooth sailing of SAIL Yamaha unveils scooter boutique Wabco launches safety system ITC chairman calls for policy impetus to transform agriculture Gamesa to set up a plant in Nellore Dish TV – subscriber additions encouraging AL introduces Guru & Partner Record two-wheeler sales Daimler grows sales and share in India TVS Srichakra plans capacity expansion Tata gets 4-star rating for Zest Nissan exit shouldn’t affect ALL Ode to Ratan Tata Preparing for the next growth curve Maruti – for young buyers TVS Automobile invests Rs.75 crore in start-up firms HPCL plans Rs.61,000 crore capex over 5-years TN government keen on revival of operations at Nokia complex CAPITAL NOTES Land wars Tata Steel, ThyssenKrupp sign MoU to merge European units Hyundai to focus on SUVs and AMT variants M & M unveils driverless technology for tractors Tata Motors joins compact SUV bandwagon with Nexon Bajaj Finserv – Q1: fare well Tata Motors bets on new launches LVB posts 31 per cent growth in Q1 net profit
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 :
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
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236