Both Daimler and Volvo are making India their export hub for large trucks and luxury buses such as the Mercedes-Benz, Mitsubishi Fuso, Freightliner and UD Trucks.
It also exports the India-made Mitsubishi Fuso range of trucks to 28 countries. In mid-2017, it will begin sales of the Freightliner trucks to Mexico. “DICV has been awarded significant responsibilities within Daimlers’ global truck and bus businesses,” Erich Nesselhauf, managing director of DICV, told the Economic Times.
Volvo AB’s UD Trucks, which are manufactured at its Indian joint-venture plant in the state of Madhya Pradesh, will be marketed to Indonesia. India already manufactures the Euro VI engines for Volvo’s home base in Europe. Volvo Buses will use its base in Bangalore to export vehicles to western Europe.
Vinod Aggarwal, managing director of Volvo’s joint venture in India VE Commercial Vehicles (VECV), said, “The export of medium-duty engines to Europe ensures better utilization of our plant capacity. VECV is focusing on building its exports, which increased 20% in FY17. We expect it to sustain momentum in the coming year.”
Last updated: December 26th, 2025
