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Daimler India to build new production line for export markets this year

It exported 4,000 units from India on top of 13,100 trucks it sold in domestic market last year

A Daimler sign name is pictured during the company's annual news conference in Stuttgart, Germany
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A Daimler sign name is pictured during the company's annual news conference in Stuttgart, Germany

BS Reporter Hyderabad

Daimler India, a subsidiary of German multinational automotive major Daimler AG, is adding a new production line later this year to produce 6.5 tonne-8.6 tonne trucks for the export markets.

Daimler India managing director and CEO Erich Nesselhauf on Tuesday said the company would start shipping out the products from the new production line in the last quarter of the current calendar year, particularly to the Middle East.

The company had exported 4,000 units from India on top of 13,100 trucks it had sold in the domestic market last year.

In the next three years the ratio of exports and domestic sales of