Daimler India Industrial Autos to launch 50 new merchandise in 2019, Auto Information, DFL
New Delhi: Daimler India Industrial Autos ( DICV), a completely owned-Indian subsidiary of Daimler AG plans to launch about 52 new merchandise in 2019 in exports and home markets, Satyakam Arya, MD & CEO, Daimler India Industrial Autos (DICV) advised ETAuto in an interview.
“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,” Arya mentioned.
DICV final 12 months produced 30,000 models of which 7000 models had been exported to over 50 nations. DICV exports vans for Bharat-Benz, Mercedes-Benz, Freightliner and Fuso manufacturers
The German automaker sees Indian expertise transition as large enhance and can give them edge over native gamers. “We were waiting for such opportunity. We have been already exporting BS-VI compliant vehicles in the overseas market, thus we can be front runner to bring products compliant with new safety and emission norms,” he mentioned.
Arya sees the business to both shut this fiscal 12 months flat or slip to unfavorable. Nevertheless, Arya claims that DICV which began operations in 2012, had broken-even final 12 months. It appears to increase into new home and exports markets too.
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“We have about 180 touch points in India right now and will reach to 350 touch points in the next two years,” he mentioned including that the corporate will enter new section primarily based on new axle norms, wheelbase and additional increase product portfolio with BS-VI. Speaking about EV Arya mentioned the corporate will deliver them on the proper time.
Since November 2018, the CV demand turned unfavorable as a consequence of new axle norm. “We see market to stay risky not less than until election. It’ll linger if the no steady authorities is available in, Arya mentioned. In 2018, DICV clocked 35% development in truck gross sales of 22,532 models within the home market and achieved break-even.
The corporate additionally not too long ago rolled out vans to fulfill the brand new axle load laws. DICV Bharat Benz vans with upgraded axle – a 55-tonne tractor and a 28-tonne inflexible truck – are actually commercially obtainable at its dealerships throughout India. As well as, DICV may even improve its whole portfolio to fulfill the brand new axle load laws in phased method.
The corporate began operations in 2012 in India has its solely plant in Oragadam which produces engines, transmissions, vans and buses.