MAN exits Indian market
The board of MTB has decided to restructure the India organization. This decision is based on MTB’s global strategy to focus on premium segment markets.
Pithampur - German commercial vehicle major, MAN Trucks India Pvt Ltd of Pithampur, a wholly owned subsidiary of MAN Truck and Bus AG of Munich Germany (part of the Traton Group) has decided to exit the Indian market.
As was reported in T&BB September in response to questions by Truck & Bus Builder, the company issued a statement, part of which is reported again here: “The board of MTB has decided to restructure the India organization. This decision is based on MTB’s global strategy to focus on premium segment markets. Going forward, MAN Trucks India will become an R&D Centre for Excellence supporting global projects. The manufacturing, sales and exports of the CLA range will be stopped after the existing customer orders are completed. A successor model will not exist. Instead, MAN will fulfil its customer requests in most previous CLA markets with its wide range of TG models.”
MAN added: “We will have aftersales as an active function for the next five years as part of our focus to provide support their customers. The MAN Trucks India team consists of 250-300 members. Around 200 of them have been offered VSS (Voluntary Severance Scheme).”
MAN Truck India reported closed its sales and manufacturing operations in Pithampur, Madhya Pradesh on August 6 2018. Force Motors, its former partner in India, is understood to have acquired the site.
MAN entered India through a collaboration with Force Motors in 2003. The collaboration turned into a joint venture in 2006. The JV partner's stake was bought over in 2012 for the German to start a solo drive. In May 2017, the company had introduced its latest EVO range equipped with a BS-IV engine.
