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India: Daimler to invest Rs44bn over five years

Daimler Commercial Vehicle India (DCVI) plans to invest Rs44bn (US$967.6m), over the next five years, to set up a manufacturing plant near the southern Indian city of Chennai. This planned facility will produce light, medium and heavy commercial vehicles. As per the plan, the plant will have initial output capacity of It’s time to log … Continued

Daimler Commercial Vehicle India (DCVI) plans to invest Rs44bn (US$967.6m), over the next five years, to set up a manufacturing plant near the southern Indian city of Chennai.

This planned facility will produce light, medium and heavy commercial vehicles. As per the plan, the plant will have initial output capacity of

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