Daimler India to get new head as Nesselhauf returns to Germany

Image
Press Trust of India Mumbai
Last Updated : Jul 31 2018 | 7:51 PM IST

Daimler India Commercial Vehicles (DICV) today said its managing director and chief executive officer, Erich Nesselhauf, will return to Germany to take up a senior position at the Daimler Trucks' headquarters.

The replacement for Nesselhauf, who has been heading the 100 per cent Indian subsidiary of the Daimler AG, Germany, since 2014, will be announced in due course, a release said.

Nesselhauf will be taking over global responsibility for manufacturing engineering at Daimler Trucks' headquarters on October 1, it added.

"Under his (Nesselhauf) leadership, we have established our footprint in India, which includes our domestic BharatBenz business as well as exports to global markets," said Hartmut Schick, head of Daimler Trucks Asia.

Nesselhauf joined Daimler Trucks' Indian project in 2008 and built the local procurement and supply chain strategies from the scratch.

Subsequently, he was named the managing director and chief executive officer of DICV in June 2014.

The Chennai-based firm is a full-fledged commercial vehicle player in the domestic market and has invested more than Rs 5,000 crore in establishing its presence here, according to the release.

With a production facility at Oragadam near Chennai, the company manufactures and sells nine to 49 tonne trucks besides buses and coaches under the brand name BharatBenz buses and Mercedes-Benz coaches in the domestic market.

It also produces for Daimler Trucks' brands of FUSO, Mercedes-Benz and Freightliner.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 31 2018 | 7:51 PM IST

Next Story