Mergers & Acquisitions

Daimler India Commercial Vehicles looks to launch over 50 new products in 2019

Opportunity India Desk
Opportunity India Desk Mar 20, 2019 - 1 min read
Daimler India Commercial Vehicles looks to launch over 50 new products in 2019 image
The company exports trucks for Bharat-Benz, Mercedes-Benz, Freightliner and Fuso brands.

Daimler India Commercial Vehicles (DICV), a fully owned-Indian subsidiary of Daimler AG, is planning to introduce about 52 new products in 2019 in exports and domestic markets.

Satyakam Arya, MD & CEO, Daimler India Commercial Vehicles (DICV), said, “We are working on our exports product portfolio and would launch 25 to 35 new products to fill the white spaces. In total (exports +domestic) we will launch 52 products this year.”

Last year, DICV produced 30,000 units, out of which 7000 units were exported to over 50 countries. The company exports trucks for Bharat-Benz, Mercedes-Benz, Freightliner and Fuso brands.

“We have about 180 touch points in India right now and will reach to 350 touch points in the next two years. The company will enter a new segment based on new axle norms, wheelbase and further expand product portfolio with BS-VI,” Arya added.

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