Cars in India | Autoportal.com

Grab Exciting Deals on New Cars! Hurry, Limited Period Offer!

Daimler India forays into Bangladesh market

Daimler India forays into Bangladesh market

Snapshot: Launches the range of FUSO trucks in Bangladesh, which will be sold via an exclusive dealer, Range Motors Ltd.

- Comments    |    Write Comment

Daimler India Commercial Vehicle, the Indian arm of the Stuttgart-based Daimler AG has made an entry into the Bangladesh market today along with Daimler Group company Mitsubishi Fuso Truck and Bus Corporation. The FUSO trucks, which are manufactured in India made its commercial debut in Bangladesh - making it the sixth strategic overseas market where Daimler India functions. 

A company statement read, “Bangladesh is one of the key markets in Asia for FUSO trucks as the products are designed and developed to meet the growing demand for reliable and robust trucks.” 

Daimler India manufactures the FUSO range of trucks at its plant in Oragadam near Chennai, in which the company has reportedly, infused an investment of Rs 4,400 crore for the facility that spans across 400 acre of land. 

The FUSO trucks will be sold in Bangladesh via an exclusive and authorised distributor, Range Motors Ltd. and includes, five models across the medium-duty and medium heavy-duty segments. The company plant in Oragadam, Chennai has a capacity to produce 36,000 units. 

Daimler India has been shipping FUSO trucks to markets like Kenya, Sri Lanka, Zambio, Tanzania and Zimbabwe. The automaker intends to gain entry into more markets in Asia and Africa in the coming years. 

Related car news

  • Tata Tiago AMT Launched in Bangladesh 15-01-2018 Mayank Gupta Tata Tiago AMT Launched in Bangladesh
  • Daniel Ricciardo Wins Monaco GP 2018 28-05-2018 Mainak Daniel Ricciardo Wins Monaco GP 2018
  • Mercedes Benz India Rolls Out 1 Lakhth Locally Assembled Car 28-05-2018 Mayank Gupta Mercedes Benz India Rolls Out 1 Lakhth Locally Assembled Car
  • PM Narendra Modi Inaugurates India's First Hybrid 14-Lane Expressway 28-05-2018 Mayank Gupta PM Narendra Modi Inaugurates India's First Hybrid 14-Lane Ex...
  • 2018 Mahindra XUV500 Top Variant in Most Demand 28-05-2018 Mainak 2018 Mahindra XUV500 Top Variant in Most Demand
  • New Suzuki Gixxer ABS Launched at Rs. 87,250 28-05-2018 Mayank Gupta New Suzuki Gixxer ABS Launched at Rs. 87,250
Helpline