Daimler ships India-made FUSO trucks to Trinidad & Tobago

Image
Press Trust of India Chennai
Last Updated : Apr 27 2015 | 6:13 PM IST
Expanding its overseas market, Daimler India Commercial Vehicles has shipped 'Made in India' FUSO trucks to South American market, making it the 12th international destination.
Daimler India Commercial Vehicles (DICV), a 100 per cent subsidiary of Daimler AG along with group firm Mitsubishi Fuso Truck and Bus Corporation, has launched the FUSO trucks, produced at its plant at Oragadam near here, in Trinidad and Tobago in South America, a company release said today.
The company is producing five models across 25-49 tonne, 9-16 tonne categories. Currently, the trucks are exported to Sri Lanka, Kenya, Zambia and Tanzania and other countries.
"To start exporting to Trinidad and Tobago reflects once again: we are well on track with our export business. The success of DICV built trucks, across markets shows our proficiency in manufacturing trucks in India..", Daimler India Commercial Vehicles, Managing Director and CEO, Erich Nesselhauf said.
The Oragadam plant was set up at an investment of Rs 4,400 crore spread across 400 acres. Besides manufacturing trucks under the Bharat Benz and FUSO brands, DICV manufactures and sells Mercedes-Benz Actros Trucks in India.
Daimler India is in the process of setting up a dedicated manufacturing facility for Daimler Buses under the Mercedes Benz and BharatBenz brands. The new plant would also include a body-building facility within the existing premises at Oragadam.
*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: Apr 27 2015 | 6:13 PM IST

Next Story