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Flash Report Indian Truck & Bus Market 2Nd Quarter, (Jul - Sep 2018) Financial Year 2018-19 Published on Nov 2018

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Flash Report Indian Truck & Bus Market 2Nd Quarter, (Jul - Sep 2018) Financial Year 2018-19 Published on Nov 2018 Special edition 006 Flash Report Indian Truck & Bus Market 2nd Quarter, (Jul - Sep 2018) Financial Year 2018-19 Published on Nov 2018 Published by RACE Innovations Pvt ltd, Chennai © 2018 RACE Innovations Pvt ltd. All rights reserved www.raceinnovations.in Contents Foreword 3 Key Highlights of the Indian Commercial Vehicle Industry 4 Statistics Bus Market 10 Market Share Buses 11 Statistics Trucks 13 Market Share Trucks 14 Statistics Haulage Tractor (Tractor-Semi Trailer/Trailer) 16 Forecasted Q3 (July-Sep) of FY2018-19 18 Stratergy/Closure 19 RACE Product Offerings 24 Location Based Intelligence 25 2 www.raceinnovations.in © 2018 RACE Innovations Pvt ltd. All rights reserved FForewordoreword Indian Commercial vehicle sector sustained positive growth despite heightening fuel price (27.5% growth compared to last quarter). It is expected to witness some form of stable growth on account of the pre buying spree in anticipation of the BSVI norms implementation in April 2020, backed by new investments by component suppliers on capacity expansions / products to meet upcoming regulations on emission, safety, electric vehicle boom. OEM’s expected to defer all their new planned launches during this period further expected to witness series of launches in 2020 acceding new regulation & safety compliance. Rajesh Khanna CEO, RACE Innovations Pvt Ltd © 2018 RACE Innovations Pvt ltd. All rights reserved www.raceinnovations.in 3 Key Highlights of the Indian Commercial Vehicle Industry Vehicle OEM’S • Tata Motors Ltd of Mumbai showcased five new public transport vehicles at the Bus World India 2018, biggest B2B bus and coach exhibition in the world held at BIEC, Bangalore. The new range of buses are Starbus Ultra AC 22-Seater Push back, Starbus 12-Seater AC Maxi cab, WINGER 12-Seater, Tata 1515 MCV Staff Bus and MAGNA intercity coach. • Ashok Leyland Ltd of Chennai, a subsidiary of the Hinduja Group, revealed Bharat Stage IV (BS IV) compliant ARAI certified Innolinepump, its indigenously developed mechanical pump (inline pump) instead of a rotary pump. The engine complies to BS IV norms with use of the iEGR (Exhaust gas recirculation) technology instead of the Selective Catalytic Reduction (SCR) technology used by its competitors. This is also in preparation for meeting and use in BS VI engines, which the country intends to moves to in 2020 missing out BS V altogether. • Ashok Leyland Ltd has announced its UK subsidiary, Optare Plc of Shurton-in-Elmet has won an order for 31 electric Optare Metrodecker double-deck buses from Metroline for operation exclusively on Transport for London (TFL) routes 43 (Friern Barnet – London Bridge) and 134 (North Finchley – Tottenham Court Road) in the city of London. • Ashok Leyland Ltd has inaugurated its advanced electric vehicle (AEV) facility at its Ennore plant in its 70th year of operations.The new facility includes engineering, prototyping and testing facilities for electric motors, battery modules and packs, as well as a power electronics laboratory with fully integrated capabilities to design, prototype, test/validate various e-mobility solutions. The facility is supported by the ‘e Mob tech centre’ located at the IIT Madras Research Park in Taramani, Chennai. • Ashok Leyland Ltd announced receipt an order from Bangladesh Road Transport Corporation (BRTC) to supply some 200 single decker and 300 double deck buses after winning a tender. Buses are to be delivered in the next financial year (ie April 2019 to March 2020) as completely built-up (CBU) units from India.This order will deliver the largest all-electric double-deck bus fleet in Europe to date according to London Mayor Sadiq Khan at a national air quality summit. • Mahindra Truck and Bus (MTB), a division of Mahindra & Mahindra announced the launch of the new Blazo X range of heavy commercial vehicles. The Mahindra Blazo X is an upgrade to the automaker's Blazo range of trucks and comes with several improvements over its predeces- sor. Mahindra says the new Blazo X range offers better fuel efficiency with updates to the vehicles air management system, rolling characteristics and the truck's rotating parts among others. The Blazo X will be available in all platforms including tractor-trailer and tipper, both of which will be equipped with the company's FuelSmart technology. • Mahindra Truck and Bus may not launch some BS-IV vehicles in this year post supreme court order that no Bharat Stage IV vehicle shall be sold across the country with effect from April 1, 2020. Initially, they planned to release 6 new BSIV vehicles, expect to postpone one or two after 2020. 4 www.raceinnovations.in © 2018 RACE Innovations Pvt ltd. All rights reserved • Volvo Eicher Commercial Vehicles Ltd of Pithampur, (the commercial vehicle manufacturing joint venture and subsidiary of Sweden’s Volvo AB and Eicher Motors Ltd of Gurugram, India) announced that it has won an order for 350 Eicher 20.16 heavy duty trucks from Bangladesh Road Transport Corporation (BRTC). The delivery of the order is expected to take place and start during the next financial year (ie April 2018 to March 2019). • VE Commercial Vehicles Limited (VECV) of Pithampur, has announced plans to set up a new greenfield production facility at Bhopal with an investment totalling USD53.33m.The Madhya Pradesh government has allotted land for the new plant and work is set to start of the construction of this plant soon.The all-new plant is scheduled for completion within the next 18 months with an initial capacity of 40,000 trucks, in addition to the capacity of 90,000 trucks at Pithampur, near Indore. • Olectra Greentech Ltd (formerly Goldstone Infratech Ltd) through its strategic tie-up with BYD Auto Industry of Shenzhen, China, has supplied five eBuzz K9 electric buses to the Telangana State Road Transport Corporation (TSRTC) and which are now in commercial operation in Hyderabad International Airport. These buses form part of a contract for forty such electric buses with TSRTC. The state transport company is operating the buses on a gross cost contract basis. All of the vehicles are fully electric fitted with full kneeling capability to allow easy access by wheel-chair uses and others with restricted mobility. • Force Motors Pvt Ltd of Pune, entered into mdi bus segment with the launch of Traveller Monobus model range at Bus World 2018, BIEC, Bangalore. The new models are derived from its popular Force Traveller minibus and small monocoque bus model, which until now were offered up to 6.7m in length with seating capacities from 9 up to 26. The Traveller Monobus now offers lengths from 8.4m to 9.9m with seating options from 33 and 41 in the staff bus model and 55 to 60 in the school bus option. • Daimler India Commercial Vehicles (DICV) of Chennai, a wholly owned subsidiary of Diamler AG of Germany, announced that the company has crossed 1,00,000 unit’s production milestones from its manufacturing plant at Oragadam near Chennai on September 2018. DICV has achieved this milestone in 6 years since the inauguration of the plant in 2012, as per the company release. • Daimler India Commercial Vehicles (DICV) has announcedSatyakam Arya, Current Head of Customer Services at Daimler Trucks Asia and Chairman of PABCO Ltd., will take over as Managing Director and CEO of Daimler India Commercial Vehicles (DICV) starting November 1, 2018. He will succeed Erich Nesselhauf who will return to the Daimler headquarters in Germany to take over global responsibility for Manufacturing Engineering at Daimler Trucks, starting October 1, 2018. • Commercial vehicles maker SML Isuzu ltd, has increased the production capacity of its plant with the addition of a new assembly line. The company's production capacity has increased from 18,000 vehicles per annum to 24,000 vehicles per annum. SML Isuzu has invested over USD2.93m on the new assembly line and regular production started effective August 1, 2018. With entry into new markets such as Nigeria and Ghana, the company total exports in the range of 1,200-1,500 units this fiscal, up from about 800 units in 2017-18. © 2018 RACE Innovations Pvt ltd. All rights reserved www.raceinnovations.in 5 Component/Body builders/Service Providers • Bus and coach body builder, Prakash Group of • Currently a key supplier of Euro 6 and EPA 10 Bengaluru, which has three bus plants in India - exhaust and emission control systems for Bengaluru (SM Kannappa Automobile Pvt Ltd), commercial vehicles in Europe and North America, Mandya (Prakash Roadlines Ltd) and Madivala Eberspächer's latest developments include a tunnel (Prakash Bus Corporation Pvt Ltd) - says that some mixer for improved AdBlue treatment and oval 25% of the manufacturing energy used is renewable canning for commercial vehicles which reduces from solar. Prakash said it first installed, on a trial installation space requirements. The company is also basis, a 100kWh solar power unit, at its Prakash predicting huge growth potential with the advent of Roadlines Ltd subsidiary plant in Mandya. This year it India’s Bharat Stage 6 and China 6. The developing installed a 400KWh system in Mandya as well as Asian markets also offer significant opportunities. another at its newest bus operation, Prakash Bus Corporation Pvt Ltd in Madivala. This, so far, • MG Group of Mumbai announced at Busworld India represents investments of INR10m in solar last month it has linked up with Daimler India equipment. Commercial Vehicles Pvt Ltd of Oragadam, near The plant in Madivala is now fully solar Pune to move into Indian premium coach segment. At powered. Prakash believes it is one of the first body the show it launched three new luxury coaches for the builders in India to have plants that are solar-powered Indian market; these were the Glider, GliderZ and in this way.
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