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T.E. Raja Simhan

Chennai, Oct. 17 The Rs 3,500-crore commercial vehicles plant of the German auto major, DaimlerChrysler AG, could come up either at Chennai or Pune, it is learnt.

A high-level delegation led by Mr Hans-Joerg Knoll, Manager, Supply Chain Management, Trucks Group, Daimler Chrysler AG, Germany, visited the Chennai port to look at the infrastructure facilities available for import and export.

During discussions with officials of Chennai Port Trust and Chennai Container Terminal, officials of DaimlerChrysler said that the company would like to manufacture trucks and buses in India.

The German major began selling imported trucks in India in the second half of 2006. The company had always maintained that it would consider setting up a manufacturing facility in India if volumes justified the investment.

DaimlerChrysler sells about 100 trucks a year — two variants of Actros, used mainly in mining. The company has a 6.64 per cent stake in Tata Motors, India’s largest truck manufacturer, and 3.56 per cent in Eicher Motors (through Mitsubishi Fuso, in which it has a 85 per cent stake.)

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