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Daimler to increase its investments in India

Daimler in plans to increase its investments in India to enhance exports of vehicles

By Ashish Mitra --
Friday, 11 Dec, 2020

Chennai: On Wednesday, December 10, Daimler India Commercial Vehicles, subsidiary of German automaker Daimler said: "it has reached a significant milestone of shipping over 35,000 vehicles and 150 million parts to various countries."

The company stated: "more than 55,000 completely knocked down kits were exported to South Africa, Kenya, Vietnam and Indonesia; Malaysia is recently added to the list as another new market."

The company managing director, Satyakam Arya said: "With this milestone of 150 million parts exported and the addition of a new CKD market, , DICV once again validates India's Make for the World. It's a win-win solution."

"Our global Daimler network receives quality Indian parts and our Indian supplier community gains access to Daimler's global supply chain;" he added.

Based on the company officials, the only location of the is company Daimler India wherein engines, transmissions, trucks and buses are manufactured at the same site under four brands, namely BharatBenz, FUSO, Mercedes-Benz and Freightliner.

India is the fifth important market for Daimler Trucks with DICV catering not only to growing domestic demand, but also more than 50 countries including Africa, Asia, Latin America and the Middle East.

DICV Head-International Business, Shrikumar V Unnithan said: "We will continue to make more products and parts here in India with the help of our 350 plus local suppliers and then proudly export them to the world." DICV represents a total amount of more than Rs 5,500 Crore as fund investment.

At the present time, the company has a 400-acre facility at Oragadam near here and produces 9 to 55 tonne trucks, as well as BharatBenz buses, Mercedes-Benz coaches and bus chassis.

Daimler in plans to increase its investments in India to enhance exports of vehicles. Chennai: On Wednesday, December 10, Daimler India Commercial Vehicles, subsidiary of German automaker Daimler said: "it has reached a significant milestone of shipping over 35,000 vehicles and 150 million parts to various countries." 
 
The company stated: "more than 55,000 completely knocked down kits were exported to South Africa, Kenya, Vietnam and Indonesia; Malaysia is recently added to the list as another new market." 
 
The company managing director, Satyakam Arya said: "With this milestone of 150 million parts exported and the addition of a new CKD market, , DICV once again validates India's Make for the World. It's a win-win solution."

"Our global Daimler network receives quality Indian parts and our Indian supplier community gains access to Daimler's global supply chain;" he added.

Based on the company officials, the only location of the is company Daimler India wherein engines, transmissions, trucks and buses are manufactured at the same site under four brands, namely BharatBenz, FUSO, Mercedes-Benz and Freightliner. 
 
India is the fifth important market for Daimler Trucks with DICV catering not only to growing domestic demand, but also more than 50 countries including Africa, Asia, Latin America and the Middle East.

DICV Head-International Business, Shrikumar V Unnithan said: "We will continue to make more products and parts here in India with the help of our 350 plus local suppliers and then proudly export them to the world." DICV represents a total amount of more than Rs 5,500 Crore as fund investment. 
 
At the present time, the company has a 400-acre facility at Oragadam near here and produces 9 to 55 tonne trucks, as well as BharatBenz buses, Mercedes-Benz coaches and bus chassis.