The Indian bus market would be facing stiff challenges in 2019 owing to the upcoming Lok Sabha elections. Furthermore, the migration to BS VI emissions standards would also add to the challenge, a senior official of Daimler India Commercial Vehicles said.
“The Indian bus market is expected to grow by four percent. There are challenges for the companies like the elections and also the migration to BS-VI emission norms,” Daimler Buses India Managing Director Thomas Fricke told the columnists and reporters.
He also said that the elections may have an initial impact on the sales of buses.
Thomas Fricke said that the movement to BS-VI emanation standard would cause a new challenge of balancing the price hike and the pre-purchase by customers before the new norms kick in by April 2020.
Furthermore, he was questioned about the need for a price hike as Daimler has the innovation and technology to conform to the new emission standards for quite a while and no new investment had to be done for the development of the same. However, Fricke responded that the components must be localised which may warrant price hike.
He said in 2018, the organisation sold 1,555 coaches/buses/chassis up from 906 units sold in 2017, while the organisation exported 616 units a year ago up from 405 units in 2017.
Daimler Buses India this year, he stated, is concentrating and focussing on the preparations to redesign and upgrade its entire portfolio to the BS-VI emission norm. It would include the BharatBenz, 9-ton buses in the school, the Mercedes-Benz 15-metre multi-axle luxury coaches, staff and tourist bus sub- segments, and bus chassis for the 9, 16 and 24-ton segments.
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