Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has signed a Memorandum of Understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) under the Government of India's scheme for the replacement of old trucks and buses in the Delhi-NCR (National Capital Region)
The scheme is approved by the Union Cabinet chaired by Prime Minister Narendra Modi. It is funded through the National Capital Region Planning Board (NCRPB) under the Ministry of Housing and Urban Affairs (MoHUA) and implemented by MoRTH and Ministry of Petroleum and Natural Gas (MoPNG). It aims to accelerate fleet modernisation, reduce vehicular emissions, and promote the adoption of cleaner commercial vehicles across the NCR BharatBenz will provide an 8% discount on the ex-showroom price of eligible trucks and buses purchased under the scheme. The scheme is expected to cover approximately 2.07 lakh commercial vehicles, including around 1.91 lakh trucks and over 16,329 buses, registered in Delhi-NCR. "The Government of India's vehicle replacement scheme is a significant step towards accelerating fleet modernization and reducing vehicular emissions in the Delhi-NCR region. We are pleased to support this scheme and contribute to the transition towards cleaner, safer, and more efficient transportation. Through BharatBenz's range of BS-VI commercial vehicles, we look forward to helping customers upgrade their fleets while enhancing productivity, fuel efficiency, and operational performance," said Rajiv Chaturvedi, President & Chief Business Officer, Daimler India Commercial Vehicles(DICV) The scheme is applicable to BS-IV and older commercial vehicles registered in the region. Eligible vehicle owners can replace their existing vehicles with BS-VI compliant trucks and buses, cleaner fuel variants, or electric vehicles, subject to the provisions of the scheme. In addition to OEM discounts, beneficiaries will also be eligible for various incentives announced by the Central and State Governments, including interest subvention on vehicle loans, fuel vouchers, registration fee waivers, and motor vehicle tax concessions.
Yokohama India launched the Geolandar X-CV range, originally developed for luxury SUVs wheel sizes above 18 inches, the same technology is now being introduced from 16 inches onwards, bringing premium...
Dylect, one of India's fastest-growing lifestyle technology brands, announced the launch of Clean Prime, a compact yet powerful pressure washer designed for everyday cleaning needs across Indian house...
Hyundai Motor India announced a major milestone in its connected mobility journey, with over 0.8 million connected cars currently on Indian roads. Building on strong customer adoption of Hyundai Bluel...