DAIMLER INDIA TO EXPORT SCHOOL BUSES TO MIDDLE EAST
Daimler Commercial Vehicles India is getting into fully-built bus business and plans to start exporting 9-tonne Mercedes-Benz school buses to the Middle East by the end of this year. The company also plans to expand its product portfolio in the domestic market by bringing in a 16-tonne bus chassis next year.
The company will start displaying the buses in the Middle East in November-December this year, he added. The school bus will be sold under Mercedes-Benz brand in the Middle East. They are sold as BharatBenz brand in India.
DICV currently exports bus chassis to South East Asia, Africa and Latin America.
DICV currently sells the 9-tonne bus chassis under BharatBenz brand and fully built 24-tonne bus with the Mercedes-Benz tag in India.
DICV currently has a production capacity to roll out 24,000 buses from Oragadam plant near Chennai every year.
The company has made an initial investment of Rs 4,400 crore for truck manufacturing and an additional Rs 425 crore for the over 400-acre bus plant near Chennai.