Daimler Buses eyeing sustainable growth in 2019: Top executive

: Daimler Buses India, a subsidiary of Germany-headquartered Daimler AG, is eyeing sustainable growth in revenue as it expects a rise in volumes this year, a top official of the company said Tuesday.

"We are still in the growth phase. It is sustainable growth, we expect good growth this year," managing director of Daimler Buses India Thomas Fricke said here.

The company recorded a 60 per cent rise in revenue while the sales in the domestic market witnessed a 70 per cent increase and exports grew by 50 per cent in 2018, he said.

Asked about the factors that would contribute to the growth in 2019, he told PTI: "Firstly, we have a wide product range. We cover a lot of different segments. Secondly, we expand our network and have better customer-reach. And thirdly, we expect the overall industry volume to go up this year."