Categorization*• SCV <= 3.5T GVW• LCV = 3.5T – 7.5T GVW• MCV 8T – 16T• HCV >= 16T – 49T & More GVW * Categorization in India differs from categorization in Europe Introduction of Tata Ace in 2005 changed market dynamics where SCV was earlier defined by then prevailing three-wheeler segment
Domestic Players JV with MAN AG dissolved in 2012
Domestic Players – SCV (<3.5T GVW)TATA MOTORS Mahindra & Ashok AMW Force Mahindra LeylandTata Ace Maxximo DOST (2.5T) None NoneTata RX 207 DI (3 GenioModels) Champion GIO
Domestic Players – LCV (3.5T - 8T)TATA MOTORS Mahindra & Ashok AMW Force Mahindra LeylandTata SFC 410 EX Loadking (Variants - PARTNER None Traveller Strong(4T) 4 tyre / 6 tyre / CNG (6T) (5.8T) / Tippers)Tata LPT 712 EX DI3200 CRX (4.5T) Traveller(7T) Delivery Van (3.5T)SFC 407 ( 2 Loadking CRX 4-Models – 4T) tyre (6.5T)LPT 709 E Turbo Loadking CRX 6-Container truck tyre CRDe ( 3(7T) variants – 5.9T)LPT 407 Loadking CRX(4T) Tipper (5.9T)LPT 709 E Aerial Loadking SherpaTurbo Lift truck (7.5T)(7T)
Product Range ASHOK HindustanCategory TATA Motors AMW Mahindra** Force Motors LEYLAND* Motors 1 1 SCV 1 (Tata Ace) - - 2 + (Winner) 3 wheelers 5 11 1 (DOST) (4.5T – LCV 2 - 1 (5.3T – 7.5T) +2 7.5T) 1 25 23 With M&HCV 14 (Mascot - (9T – 49T) (9T – 49T) Navistar T-480)* Ashok Leyland in JV with Nissan to produce LCVs and working with Avia, Czech manufacturer to produceAvia range of trucks in India** Mahindra is manufacturing CV of GVW more than 3.5 T in JV with NavistarCompany websites & http://tabindia.weebly.com
Foreign Players * Players like DCIV, Scania look at exports from India to African markets in next 2 yrs.
Product Range DICVCategory FOTON SCANIA MAN AG* HINO MOTORS (Bharatbenz) SCV - Production - - - Planned in Pune plant 6T range from 2013. LCV Planned by Investments - - - 2013 made upto tune of Rs. 2000 crores so 2 8 far. 11 11M&HCV (25T) (9.6T – 49T) (27T – 65T) (16T – 49T) 5 variants * MAN Force JV dissolved in March 2012Company websites & http://tabindia.weebly.com
Remarks• CV Industry expected to sustain 10%-15% growth rate YoY • Contraction in Index of Industrial Production • High loan interest rates • Increase in road freights• High increase in demand in sub 2Ton LCV / SCV segment• EY report suggests CV numbers to go double by 2015-16 @ 1.6 million units • Driven by improved road infrastructure by completion of many projects currently in progress• Market to intensify with advent of big foreign players