6 hrs ago

Daimler Truck Unites India, Southeast Asia and Australia-Pacific Markets

Daimler Truck Unites India, Southeast Asia and Australia-Pacific Markets
Daimler Truck groups India, Southeast Asia and Australia-Pacific under single regional platform · thehindubusinessline.com

Daimler Truck has put India, Southeast Asia and Australia-Pacific into one regional group.

The group is called ISEAA.

It covers 42 countries and nearly 2.8 billion people.

BharatBenz will continue serving customers in India.

Mercedes-Benz Trucks will serve customers in Southeast Asia and Australia-Pacific.

Daimler Truck says the new setup should help its teams work together more closely.

It also aims to help the company make decisions faster and respond better to customers.

The company expects vehicle demand in these markets to grow by more than 5% each year.

Key facts

New regional platform
ISEAA, covering India, Southeast Asia and Australia-Pacific
Markets covered
42 countries
Population represented
Nearly 2.8 billion people
India brand
BharatBenz
Other regional brand
Mercedes-Benz Trucks
Expected demand growth
More than 5% annually
Planned Tamil Nadu investment
Approximately ₹4,000 crore
Cumulative India investment
More than ₹14,500 crore

Quotes

Torsten Schmidt

CEO and Managing Director of Daimler India Commercial Vehicles and President of Mercedes-Benz Trucks Customer Region ISEAA

“India has long been an important market for Daimler Truck and the home of BharatBenz. Through the new ISEAA customer region, we are bringing India, South-East Asia and Australia-Pacific closer together to strengthen collaboration, share capabilities and respond faster to customer needs across these markets.”
thehindubusinessline.com

Sources

Related news