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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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This collaboration will provide value-added support to BharatBenz customers to exchange their used vehicles with lesser turnaround time, gain better resale value, and enjoy hassle-free processes. Through this partnership, BharatBenz is looking at harnessing iQuippo’s physical and digital expertise to ensure customers receive clear and trustworthy data, along with a comprehensive suite of tools and resources essential for making well-informed decisions throughout the entire lifespan of their commercial vehicles.\u003C\u002Fp>\r\n\u003Cp>iQuippo, India’s premier physical and digital marketplace for construction equipment businesses, offers a range of unique features and benefits for their clients. With comprehensive evaluation and funding options, iQuippo simplifies and streamlines the process of selling and buying pre-owned commercial vehicles. Their expertise in digital solutions aligns perfectly with BharatBenz’s commitment to innovation and customer-centricity.\u003C\u002Fp>\r\n\u003Cp>BharatBenz’s highly durable trucks are a lucrative business proposition for customers who wish to buy pre-owned trucks. Nearly 2,000 BharatBenz trucks have been driven for over a million kilometers each and are still serving customers across India. This kind of durability and reliability is built into the engineering and design of BharatBenz trucks before they are retailed, thereby becoming an aspiration for a section of customers who would prefer adding pre-owned BharatBenz trucks to their fleets. To enable this, DICV introduced the BharatBenz Exchange program in 2020 to offer a credible opportunity to Indian customers to buy a BharatBenz in exchange for any other used truck. BharatBenz Certified was a subsequent program that was introduced in 2022 and offered aspiring customers pre-owned and refurbished BharatBenz trucks.\u003C\u002Fp>\r\n\u003Cp>Sreeram Venkateswaran, President and Chief Business Officer, Domestic Sales and Customer Service, Daimler India Commercial Vehicles, commented, “Our pre-owned business initiatives, BharatBenz Exchange and BharatBenz Certified, which offer customers new truck exchange and pre-owned truck purchase, respectively, account for 15 percent of our overall sales per year. In addition to new truck and bus sales, our pre-owned business initiatives are not just significant for our operations but also provide aspiring customers the opportunity to own safe and reliable BharatBenz commercial vehicles throughout their lifecycle. To digitalize our pre-owned truck business and make it more easily accessible, offer more value-added services, and simplify procedures, we have partnered with iQuippo to digitalize the business experience for our customers. We are confident that our partnership with iQuippo’s proven digital tools will ensure BharatBenz is an easy reach for aspiring customers.”\u003C\u002Fp>\r\n\u003Cp>Similarly, Somnath Bhattacharjee, Executive Director, iQuippo Services Ltd, stated, “We are delighted to host India’s most reputed CV brand, BharatBenz, on our platform. Our digital platform is tried and tested by many brands in the construction equipment industry, and their customers have benefited from what we offer. We look forward to providing a seamless digital experience that adds value to the lifecycle of BharatBenz trucks that are renowned for their durability, safety, comfort, and total cost of ownership.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.daimlertruck.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FNovember2023\u002FlDBTONAviv4m5ap4dFQ8.png","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FNovember2023\u002FlDBTONAviv4m5ap4dFQ8.png","2023-11-05T05:11:05+05:30",0,"BharatBenz has partnered with iQuippo to offer a digitized, seamless marketplace for pre-owned commercial vehicle sales and exchanges.\nThe collaboration aims to provide customers with faster turnaround times, better resale values, and more transparent, data-driven vehicle evaluations.\nPre-owned business initiatives, including BharatBenz Exchange and BharatBenz Certified, now account for 15 percent of the company's total annual sales.","Daimler India Commercial Vehicles (DICV) is taking a major step in the lifecycle management of its fleet by partnering with iQuippo. This strategic collaboration leverages iQuippo’s digital marketplace expertise to streamline the sale and exchange of pre-owned BharatBenz trucks. By integrating digital evaluation and funding tools, BharatBenz is enhancing accessibility for fleet operators while maintaining the high reliability associated with their brand. With pre-owned business initiatives currently contributing 15 percent to their total sales, this move underscores the growing importance of the secondary market in the Indian commercial vehicle sector. It’s a smart move to boost operational efficiency and customer trust in the used-truck ecosystem. How is your fleet optimizing vehicle lifecycle costs? #BharatBenz #CommercialVehicles #LogisticsTech","Big moves in the commercial vehicle market! BharatBenz teams up with iQuippo to digitalize the pre-owned truck experience, making resale and exchange faster and more transparent for fleet operators. #BharatBenz #Logistics","Big news for the logistics industry! 🚛 BharatBenz is teaming up with iQuippo to bring a fully digital experience to the pre-owned truck market. Whether you’re looking to trade in your old rig or expand your fleet with a reliable, certified pre-owned vehicle, this partnership is set to make the process smoother, faster, and more transparent. 📈 \n\nWith pre-owned sales already making up 15% of their total business, it’s clear that the secondary market is becoming a key player in the commercial vehicle space. 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