Daimler India Commercial Vehicles
Daimler India Commercial Vehicles Overview
Industry
About Daimler India Commercial Vehicles
Daimler India Commercial Vehicles (DICV) is a wholly-owned subsidiary of Daimler Truck AG, established in 2012 to serve the Indian commercial vehicle market. The company designs, manufactures, and sells a diverse range of commercial vehicles, including trucks and buses under the BharatBenz, Mercedes-Benz, and Fuso brands.
Headquarters and Manufacturing Facility
Headquartered in Chennai, Tamil Nadu, DICV operates a cutting-edge manufacturing plant in Oragadam that spans over 400 acres. This facility is unique within the Daimler Trucks network for producing vehicles, engines, and spare parts for multiple brands under one roof.
The Oragadam plant employs modern robotics technology, an R&D center, and an integrated training facility, highlighting the company's focus on innovation and quality.
Financial Performance
In 2022, DICV reported a 37% growth in revenue and a 25% increase in sales compared to the previous year. The company sold a total of 29,470 domestic and export units of trucks and buses, marking its best performance since launching operations in India.
Sustainability Initiatives and Future Plans
DICV has demonstrated its commitment to sustainability by achieving 100% renewable power usage (Scope 2) and becoming the first Indian facility to meet IGBC Green Factory Building V2 standards. The company is also preparing to enter the Indian battery electric vehicle market with the upcoming all-electric Next-Generation eCanter, targeting a launch within the next 6 to 12 months.
Products and Services
DICV offers a wide product portfolio including trucks from 9 to 55 tons, BharatBenz buses, Mercedes-Benz coaches, and bus chassis. The BharatBenz brand, designed specifically for the Indian market, was launched in 2012 and has become a key player in the commercial vehicle sector.
The company supports its customers with a robust sales and service network, featuring over 300 BharatBenz sales and service centers across India, ensuring comprehensive coverage and support.
Locations
- Chennai, Tamil Nadu (Headquarters)
- Oragadam, Tamil Nadu (Manufacturing facility)
- NYC, NY, USA (Additional location)
Company Outlook
Daimler India Commercial Vehicles has solidified its position as a leading manufacturer of commercial vehicles in India. Its commitment to quality, innovation, and sustainability supports a wide range of customer needs, significantly contributing to the country's transportation infrastructure.