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Daimler India shines in the commercial vehicle segment, tremendous growth in sales and revenue

Daimler India Commercial Vehicles: Daimler India Commercial Vehicles (DICV), a 100 per cent subsidiary of Daimler Truck AG, has sold the highest number of vehicles in 2022 since starting its manufacturing operations. The company has registered a revenue growth of 37 per cent and sales growth of 25 per cent in FY 2022 as compared to FY 2021. In the last financial year, a total of 29,470 units of DICV trucks and buses were sold in the domestic market and exported.Daimler India Commercial Vehicles said that in the year 2022, it will produce 200,000 vehicles (including domestic and exports) and 200,000 transmissions at its Oragadam manufacturing plant. Great achievement has been achieved. The company has set a record of highest ever annual vehicle exports, highest ever annual part sales (over 245 million parts) and highest ever domestic vehicle sales by exporting 11,000 units in 2022.

Satyakam Arya, MD & CEO, Daimler India Commercial Vehicles, said, “FY 2022 has been our most impressive performance as we have posted 37% growth in revenue and 25% growth in sales. We have achieved this success in just 10 years of our operations in India. In the last 3 years, despite the huge impact on the sales of commercial vehicles due to the pandemic, our financial and sales performance has been good. We have achieved this by continuously improving our cost and revenue. We made significant investments to expand our product portfolio and launched 10 new models of BharatBenz trucks. So that customers can choose their favorite products from a detailed portfolio with tonnage options.


In the last decade, DICVs have shown their prominence in the construction and mining sector and heavy-duty trucks from BharatBenz are at the forefront of this segment. Earlier this year BharatBenz unveiled a large portfolio of high-powered heavy duty trucks like 3532CM Mining Tipper, 2832CM Mining Tipper, 5532 Tip-Trailer, 6×4 and 10×4 specially for construction and mining work. BharatBenz offers a wide range of tipper products ranging from 6-wheeler 13T medium duty trucks to 22-wheeler 55T trucks (Tip Trailer). These trucks are used in works like surface construction, mining, irrigation/tunneling and intra-city distribution.


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