IAB Report – India-made FUSO trucks shipped to Indonesia
Posted on: Jul 2, 2014 - 8:43am IST
Mitsubishi FUSO branded trucks which are made at Daimler India Commercial Vehicles’ (DICV) manufacturing plant at Oragadam near Chennai, are exported to Sri Lanka, Bangladesh, Zimbabwe, Kenya, Zambia, Brunei and Tanzania already. Indonesia is the latest export market to join the list yesterday.
The initial Indonesia-bound shipment of the Mitsubishi FUSO trucks have been dispatched from a Chennai port. The FUSO trucks are nothing but the rebadged versions of the BharatBenz truck range.
The Daimler owned Japanese subsidiary is well established in Indonesia and is the leader in the light-duty truck segment with a market share of 45.4%. Mitsubishi FUSO has sold over 2,80,000 trucks across the light-, medium- and heavy-duty segments in the archipelago.
The trucks are distributed in Indonesia by P.T. Krama Yudha Tiga Berlian Motors (KTB) in which Mitsubishi FUSO Trucks and Bus Corporation (MFTBC) holds 18% stake.
The made-in-India FUSO trucks will cater to the medium- and heavy-duty segments. Daimler has announced that more key international markets would be added to DICV’s export list as a part of the new Asia Business Model.
India-Made FUSO trucks shipped to Indonesia – Press Release
[Head to Slideshare if you can’t view the press release.]