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Cost cuts, exports help Daimler halve India losses in FY20 SECTIONS Share Synopsis Led by improved operating performance and higher responsibility given to India by the global office in terms of development, sourcing and exports, DICV announced close to $300 million investment in India in May of 2020 for the period of next three to five years. The maker of Bharat Benz truck registered a net loss of 109 crore for FY20 versus 230 crore loss incurred in FY19. Mumbai: Despite a tough year for commercial vehicles in FY20, the Indian subsidiary of the world s largest medium and heavy truck maker Daimler halved its losses in India, backed by extensive cost cuts and boost to exports.

Bharat benzTata motorsAshok leylandCost cutsபாரத் பென்ஸ்டாடா மோட்டார்கள்அசோக் லேலண்ட்செலவு வெட்டுக்கள்