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

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