[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-dicv-records-best-ever-performance-in-cy2023":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$fBs-3dKXserit54u6K6tjeid5TCkHQqDr9_Bj5KlRb7I":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},878,"DICV Records Best-Ever Performance in CY2023","dicv-records-best-ever-performance-in-cy2023","Daimler India Commercial Vehicles hits historic highs in 2023 with record sales, revenue, and major growth in bus and truck segments.","\u003Cp>\u003Cimg src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2024\u002FDaimler.jpg\" alt=\"\" width=\"245\" height=\"273\">\u003C\u002Fp>\r\n\u003Cp>Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (Daimler Truck), announced that in CY2023 it had achieved record sales and revenue performance. The company’s CY2023 domestic truck and bus sales grew by 39 percent, and revenue grew by 21 percent over 2022. DICV’s bus volumes doubled in CY2023, growing 107 percent over 2022. Its cumulative sales (including domestic and exports) from January to December 2023 grew by 13 percent, and its parts business grew by more than 21 percent over CY2022.\u003C\u002Fp>\r\n\u003Cp>In January 2023, DICV transitioned its entire BharatBenz truck and bus portfolio to comply with OBD-II regulations, with a sharper focus on reducing total cost of ownership, increasing the productivity of its trucks, and offering industry-leading service intervals in India.\u003C\u002Fp>\r\n\u003Cp>On the business performance, Satyakam Arya, Managing Director, and CEO, DICV, commented, “Our best-ever sales and financial growth, since inception, was spearheaded by excellent demand for our tipper and tractor trailer product lines, which grew 53 percent and 79 percent, respectively, compared to CY2022.\u003C\u002Fp>\r\n\u003Cp>A slew of strategic initiatives that we undertook in 2023 also helped us take informed decisions on costs, tackle headwinds effectively, and sharpen our focus on key areas of our business. We have started CY2024 with great confidence and with an ever-stronger product portfolio, engineered and packaged to drive business growth to new heights in 2024.\u003C\u002Fp>\r\n\u003Cp>Our aim was to challenge ourselves and up the game on total cost of ownership, uptime, and reliability, all of which our customers will benefit from with our new MY24 heavy-duty truck portfolio. These trucks reflect our highly evolved product development capabilities, which are being put to good use for the creation of new products to help answer future mobility requirements.”\u003C\u002Fp>\r\n\u003Cp>The record business performance in 2023 was driven by multiple initiatives that DICV undertook holistically as an organization. Last year, the company met its annual target of establishing 350 sales and service locations across India, expanding BharatBenz presence across the country, in new markets. Manufacturing operations were streamlined and made cost effective by introducing many digitalization initiatives, such as automated workforce planning, predictive maintenance using data, and many other initiatives that are in the phase of completion. On the sustainability front, nearly 85 percent of DICV’s manufacturing operations are run on renewable energy, and nearly 90 percent of its plant functions on upcycled water, reducing over 27,000 tonnes of carbon footprint. \u003C\u002Fp>\r\n\u003Cp>On the heels of its record performance in 2023, the truck and bus manufacturer renowned for setting new benchmarks in the Indian commercial vehicles industry is ready to launch all its MY24 BharatBenz heavy-duty trucks in the coming months. The first to be launched will be the all-new BharatBenz Rigid range, followed by trucks with the newly-introduced Automated Manual Transmission (AMT) and the all-new Construction and Mining truck heavy-duty range.\u003C\u002Fp>\r\n\u003Cp>On the all-new MY24 BharatBenz range Sreeram Venkateswaran, President and Chief Business Officer (domestic sales and customer service), DICV, said, “Having set new benchmarks in the industry, gained a large customer base in the construction and mining space, and had a progressive tractor trailer portfolio in the last decade, we felt that we should go back to the drawing board to revamp everything that our heavy-duty trucks had under their skin and offer customers something new in 2024. So, the MY24 BharatBenz range is more superior than ever with respect to total cost of ownership, technology, reliability, safety, comfort, and serviceability. With our new trucks, we are ready to intensify our presence in the construction and mining space with tippers that are far superior to their predecessors. We are soon launching an all-new Rigid heavy-duty range that will offer best-in-class fuel efficiency, power, torque, safety, reliability, and service benefits. We are introducing the world’s best 12-speed Automated Manual Transmission in our portfolio and will deliver an effortless driving experience and class-leading fuel efficiency like it has done in approximately 500,000 of our trucks around the world.”\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>The all-new BharatBenz Rigid Heavy-duty range \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Scheduled for market launch in April 2024, the all-new BharatBenz Rigid heavy-duty range of trucks will be available in the following configurations: 2826R (6x2), 3526R (8x2), 3832R (8x2), 4232R (10x2), and 4832R (10x2). These trucks will be powered by an all-new 6.7-liter, common-rail BSVI Stage 2 BharatBenz engine, designed to deliver better acceleration, class-leading peak torque, even better durability and drivability than before, and fewer gear changes. It will also prove to have unmatched reliability in Indian conditions. The new rigid range of trucks will also offer bitumen, bulker, and Petroleum Oil &amp; Lubricants (POL) payload applications, widening the range of its customer base with its improved layout and ‘cigar type’ After Treatment System (ATS).\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>The all-new BharatBenz Construction and Mining heavy-duty range \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>The new range of BharatBenz construction and mining heavy-duty trucks have been completely re-engineered for superior functionality and comes with many segment-first features. Offered in 2828C and 3532C configurations, they are optimized to suit surface transport construction applications and terrains, have a high-power engine, class-leading torque in its categories, a higher yield strength chassis, new, service-free wheel hubs, new axles, all-new suspension with higher ground clearance, first-in-segment rear shock absorbers, and hill-hold assist as standard fitment. \u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Daimler Truck’s world-renowned 12-speed AMT introduced in BharatBenz trucks \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>BharatBenz trucks will be offered with the proven and world’s best 12-speed Automated Manual Transmission (AMT) variants for the first time in its tractor trailer and mining MY24 models. To be offered in 4032TT, 5532TT, 3532CM, and 2832CM for long haul and mining applications, the new AMT, which has served over 500,000 trucks globally, ensures a jerk-free transmission of power to the wheels with reduced shifting time, improves reliability, reduces the need for overhaul, and can be operated with a convenient steering column shift stick, thereby enhancing driver comfort.\u003C\u002Fp>\r\n\u003Cp>The high value proposition that BharatBenz customers benefit from are industry-leading longer service intervals, best-in-industry manufacturer’s warranty, 48-hour service \u002F repair uptime through its ‘Rakshana’ initiative and fuel efficiency improvements. These and many more factors contribute to the excellent total cost of ownership that BharatBenz commercial vehicles deliver cumulatively.\u003C\u002Fp>\r\n\u003Cp>BharatBenz has had the reputation of being one of the most respected truck and bus brands in the Indian commercial vehicle industry since its inception and is known for its stellar engineering, safe vehicles, and uptime assurance. The brand’s dealerships and service stations are located on leading national and state highways, providing ease and flexibility to every type of customer. BharatBenz sales and service locations across India cover national highways on the Golden Quadrilateral North-South and East-West Corridors, with reach to customers on these highways within two hours. BharatBenz trucks have the safest crash-tested cabins in India, meeting the highest safety standards (ECE R29-03) as per European cab-crash regulations, which are not mandated in India yet.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>asia.daimlertruck.com\u003C\u002Fstrong>, \u003Cstrong>www.daimlertruck.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2024\u002FoFWdVmnTvozyF84YMUHi.JPG","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FApril2024\u002FoFWdVmnTvozyF84YMUHi.JPG","2024-04-11T18:18:21+05:30","MWM Desk","News",0,"DICV achieved record revenue and sales in 2023, with domestic truck and bus volumes rising 39 percent.\nBus sales saw exponential growth, doubling with a 107 percent increase over the previous year.\nThe company plans to launch a new MY24 heavy-duty truck portfolio, focusing on superior reliability and total cost of ownership.","Daimler India Commercial Vehicles (DICV) has officially closed the book on its strongest year since inception. In CY2023, the organization saw remarkable growth, with domestic truck and bus sales climbing 39 percent and revenue jumping 21 percent. A key driver of this success was the aggressive expansion of the BharatBenz service network to 350 locations, coupled with significant strides in digitalized manufacturing and sustainable operations. As DICV looks ahead to 2024, the focus shifts to innovation, with a new heavy-duty truck portfolio featuring advanced Automated Manual Transmission technology. This performance underscores a commitment to productivity and TCO that continues to set benchmarks in the Indian commercial vehicle landscape. How do you see these advancements impacting the logistics sector this year? #DICV #BharatBenz #CommercialVehicles #LogisticsGrowth","Record-breaking year for Daimler India Commercial Vehicles! With a 39% surge in domestic sales and a new MY24 lineup launching soon, BharatBenz is setting a new standard for Indian transport. #BharatBenz #CommercialVehicles","Big news from the road! 🚛 Daimler India Commercial Vehicles just reported their best-ever performance, with domestic sales soaring by 39% in 2023. From doubling their bus volume to hitting 350 service locations across India, they are clearly hitting their stride! Plus, they’re keeping it green with 85% renewable energy use in manufacturing. 🌿 We are already looking forward to their new MY24 heavy-duty truck range dropping soon. Innovation meets sustainability! Are you as excited for these new heavy-duty launches as we are? Let us know in the comments! 👇 #DICV #BharatBenz #TruckingLife #IndianLogistics #CommercialVehicles #BusinessGrowth #SustainabilityInLogistics",{"title":6,"description":8,"keywords":21},"daimler india commercial vehicles, bharatbenz, commercial vehicle sales, logistics industry, heavy duty trucks, indian auto industry, fleet management, sustainable manufacturing, truck and bus sales",{"title":23,"slug":24,"imageUrl":25},"Schwing Stetter India Installs 1MW Solar Power System at its Cheyyar Global Manufacturing Hub","schwing-stetter-india-installs-1mw-solar-power-system-at-its-cheyyar-global-manufacturing-hub","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2024\u002F9qaZWV5mSO6bloev3iUG.JPG",{"title":27,"slug":28,"imageUrl":29},"Hindustan Zinc Reports Historic Production Figures for Q4 and FY24","hindustan-zinc-reports-historic-production-figures-for-q4-and-fy24","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2024\u002FNSEm8E0Rog9A0GAAzXXt.JPG",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"Essar Marks 15 Years of Stanlow Ownership and Investment","essar-marks-15-years-of-stanlow-ownership-and-investment","Essar celebrates 15 years at the Stanlow Manufacturing Complex, unveiling a £4.3B investment strategy for hydrogen and data centers.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fessar-marks-15-years-of-stanlow-ownership-and-investment-g9GAeC.jpeg","2026-08-08T02:00:45+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"Advait Energy Transitions, Manipal Energy Infratech Team Up for Integrated Energy Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and 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manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 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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":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"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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