AUTO
DICV Set To Invest ₹4,000 Cr More In Tamil Nadu To Boost Manufacturing
Daimler India Commercial Vehicles (DICV), the maker of BharatBenz trucks and buses and a wholly owned subsidiary of Daimler Truck AG, will invest approximately ₹4,000 crore additionally in Tamil Nadu to strengthen its manufacturing, product development and research capabilities in India. The proposed investment is part of a non-binding facilitation Memorandum of Understanding (MoU) signed […]
CW Bureau
·
Aug 13, 2026
AUTO
130 Years After First Truck, Mobility Remains Engine Of Daimler’s Growth
By Daimler India Commercial Vehicles Managing Director and CEO Torsten Schmidt. As Daimler Truck marks 130 years since the invention of the world’s first truck, the lessons of mobility remain central to India’s next phase of economic growth. Every economy creates opportunity. The most successful ones are the ones that can move it. A farmer […]
CW Bureau
·
Aug 11, 2026
AUTO
Sundaram-Clayton Q1 Revenue Up 19%, Profit Flat On High Input Costs
Auto components manufacturer Sundaram-Clayton Ltd (SCL) reported a marginal increase in standalone net profit for the first quarter of FY2026-27, as higher raw material, energy and logistics costs offset the benefits of robust revenue growth. The Chennai-based manufacturer of engineered aluminium die-cast components for the automotive sector posted a standalone net profit of ₹17.04 crore […]
CW Bureau
·
Jul 28, 2026
AUTO
DICV Strengthens Passenger Mobility Portfolio With New BharatBenz Buses
Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has strengthened its passenger mobility portfolio with the launch of the BharatBenz Torqshift 1926 AMT heavy-duty bus chassis for intercity transportation and the BharatBenz 917 fully built bus for the growing compact bus segment. The company said the launches are aimed at […]
CW Bureau
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Jul 9, 2026
AUTO
BharatBenz Offers 8% Discount For Delhi-NCR Vehicle Renewal Scheme
Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has signed a memorandum of understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) under the Government of India’s scheme for the replacement of old trucks and buses in the Delhi-NCR (National Capital Region). The scheme is funded through the […]
CW Bureau
·
Jun 24, 2026
MANUFACTURING
Boardroom Churn Gathers Pace As India Inc Sheds ‘April Fool’s Day’ Tag
April may traditionally be associated with April Fools’ Day, but in corporate India, it is increasingly becoming a marker of serious boardroom shifts and strategic resets. As the new financial year begins, companies across sectors are rolling out leadership changes that signal far more than routine reshuffles From automobiles and aviation and banking to manufacturing […]
CW Bureau
·
Apr 1, 2026
