Thursday, May 19, 2011

New Heavy Haulage Plant Proposed By Scania

India Again the Site for Expansion by Truck Manufacturer
Shipping News Feature

INDIA – Last year saw a spate of announcements from freight truck manufacturers who had intentions of expanding their manufacturing interests in the country to seize a larger market share of the domestic haulage trade and potentially gain from lower manufacturing costs and thus be more competitive in a growing export market.

Companies like Daimler and Mercedes announced expansion plans and now it appears Swedish group Scania are to extend their own truck and bus manufacturing capabilities with the development of a new Bangalore based assembly plant. Details were announced to local press representatives on Wednesday when Henrik Fagrenius, Managing Director of the newly-formed Scania Commercial Vehicles India group stated the company was aiming at adding heavy haulage trucks and buses to the tippers which it already produces locally.

Mr Fagrenius said around one hundred extra staff would be required and the plan was to produce 2,000 trucks, 1,000 buses and 1,500 engines for both industrial and marine applications in the next five years. He also stated that no tie up with Vokswagen group sibling MAN was proposed despite that company’s own expansion plans in the country.