6. Types of Commercial Vehicles in India
N1
Vehicles used for the
carriage of goods and
having a maximum
mass not exceeding
3.5 tones.
N2
Vehicles used for the
carriage of goods and
having a maximum
mass exceeding 3.5
tones but not
exceeding 12 tones.
N3
Vehicles used for the
carriage of goods and
having a maximum
mass exceeding 12
tones.
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7. SWOT Analysis
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STRENGTHS
• Evolving Industry
• Continous product inovation
& technological
Agvancement.
• Growth shifting to asian
market.
WEAKNESSES
• Vehical recall.
• Bargaining power of
consumer.
• Growth rate of automobile
industry.
OPPORTUNITIES
• Introduction to fuel efficient
vehicles.
• Strategic alliance
• Market Expansion
THREATS
• Intense competition.
• Volatility in fuel prices
• High cost of R&D.
16. Tata Motors
16
Product
• Prima
• M&HCV
• ICV
• Light truck
• M&HCV Cargo
• Ultra
• Yodha Pick Up
• ACE Gold
• Super Ace mint
• Zip gold
• Ace Mega
• Macro polo
• Winger
History
Formerly known as Tata Engineering and
Locomotive Company (TELCO), the
company was founded in 1945 as a
manufacturer of locomotives. The
company manufactured its first
commercial vehicle in 1954 in a
collaboration with Daimler-Benz AG,
which ended in 1969.
Revenue
Tata Motors reported revenue of around 30 billion U.S. dollars (or about 2.5 trillion
Indian rupees) in the 2021 fiscal year
17. Mahindra & Mahindra
17
Product
• Blazo Range (HCV)
• FURIO
• FURIO 7
• Jayo
• Optimo
• Cruzio
• Cruzio Grande
• Bolero Pickup
History
Mahindra & Mahindra was founded as a
steel trading company on 2 October 1945
in Ludhiana as Mahindra & Muhammad
by brothers Kailash Chandra Mahindra
and Jagdish Chandra Mahindra along
with Malik Ghulam Muhammad
Revenue
The revenue from operations for Q3 FY2022 came in at Rs. 15,239 crore, up 8 per cent
against Rs. 14,057 crore in the year-ago period.
18. Ashok Leyland
18
Product
• Haulage
• Tripper
• Ecommet
• Buses
• Passenger vehicle
• Distribution
History
Ashok Motors was founded in 1948 by
Raghunandan Saran, an Indian freedom
fighter from Punjab.[11] After
Independence, he was persuaded by
India's first Prime Minister Nehru to
invest in a modern industrial venture.
Ashok Motors was incorporated in 1948
as a company to assemble and
manufacture Austin cars from England,
and the company was named after the
founder's only son, Ashok Saran.
Revenue
At the end of fiscal year 2021, the revenue of Ashok Leyland was just under 155 billion
Indian rupees.
19. VECV
19
Product
• hauler
• Tripper
• Buses
• Ambulances
• Intercity buses
• City buses
History
When Volvo manufactured its first
automobiles in 1927, the first truck
was already on the drawing table. In
early 1928, the LV series 1 was
presented to the public. Though by
modern standards it was merely a
truck, it was an immediate success
and 500 units were sold before the
summer. It had a 2.0 L 4-cylinder
engine rated at 28 hp
Revenue
The company posted consolidated loss of Rs 1,516 crore in Q3FY22 against profit of Rs
2,906.5 crore in Q3FY21, revenue fell to Rs 72,229.3 crore from Rs 75,653.8 crore
20. Maruti Suzuki
20
Product
• Super carry
• Eeco Carry
History
The history of Maruti Suzuki dates back
to 1981, with the founding of Maruti
Udyog by the Governments of India. A
year later, in the fall of 1982, Maruti of
India merged with Suzuki of Japan,
becoming today Maruti Suzuki India Ltd.
Initially, the car market in the country
was small.
Revenue
Maruti Suzuki has its revenue worth Rs. 16,997.9 crore along with a profit of Rs. 1,391
crores.
21. Daimler
21
Product
• FUSO
• Bharat Benz
History
The Daimler Company Limited, prior to
1910 The Daimler Motor Company
Limited, was an independent British
motor vehicle manufacturer founded in
London by H. J. Lawson in 1896, which
set up its manufacturing base in
Coventry. The company bought the right
to the use of the Daimler name
simultaneously from Gottlieb Daimler
and Daimler-Motoren-Gesellschaft of
Cannstatt, Germany.
Revenue
Revenue / turnover of DAIMLER INDIA COMMERCIAL VEHICLES PRIVATE LIMITED is
Over INR 500 cr.
22. Government Policies
◈BS VI standards
◈Life of commercial vehicles to 20 years
◈No need for separate commercial driving license for light
motor vehicles.
◈Scrap Commercial Vehicles Above 10 Years
◈Introduction of E-Commercial vehicles
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23. Merger & Joint Venture
◈Volvo Eicher Commercial Venture
◈Force Motors
⬥ Mercedes Benz
⬥ BMW
⬥ Rolls Royce
◈Fiat Group and Tata Motors Joint Venture.
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24. Recommendation
◈Proper development in Commercial Vehicle Sector.
◈Development in Electronic Commercial Vehicles.
◈Proper safety norms in Commercial Vehicles.
◈ Fuel Efficient Engines.
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