Cars in India | Autoportal.com
Select City

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

  • Lewis Hamilton achieves pole at Australian GP 2017 25-03-2017 Anurag Busi Lewis Hamilton achieves pole at Australian GP 2017
  • Kawasaki launches Z650, Z900 and Ninja 650 super sports motorcycles 25-03-2017 Anurag Busi Kawasaki launches Z650, Z900 and Ninja 650 super sports moto...
  • Triumph Bobber unveiling on 29th March 25-03-2017 Anurag Busi Triumph Bobber unveiling on 29th March
  • Volvo Auto India to increase prices by up to 2.5% 24-03-2017 Davender Soni Volvo Auto India to increase prices by up to 2.5%
  • Current Offers and Discounts on Maruti, Hyundai, Mahindra & Ford Cars – March 2017 24-03-2017 Davender Soni Current Offers and Discounts on Maruti, Hyundai, Mahindra &...
  • Skoda Vision E teased; to foretell Kodiaq Coupe 24-03-2017 Anurag Busi Skoda Vision E teased; to foretell Kodiaq Coupe


Helpline