Daimler India To Manufacture Busses From Q2 End

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Daimler India Commercial Vehicles (DICV) is all set to start production at its plant in India by the second quarter this year. The company has already started exporting bus chassis to Egypt.

According to the company, the construction of the plant in Chennai is progressing at a rapid pace which had an investment of 50 million euros.

The company statement read:

"The company expects to begin producing Mercedes-Benz and BharatBenz buses at the plant at the end of the second quarter."

"The plant will have an installed capacity of 1,500 vehicles per year in the initial phase, and can be expanded to 4,000 units subsequently. Once construction is completed, the facility in Oragadam will be the first Daimler plant worldwide to produce trucks, buses, and engines for a total of three brands."

The bus chassis that are being exported to Egypt will have the bodies built there itself.

Hartmut Schick, the head of Daimler Buses said that the export of bus chassis is a good example of how DICV is successfully leveraging on its global presence.

Story first published: Thursday, February 12, 2015, 14:08 [IST]
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