| Larsen
& Toubro launches Scania tipper trucks in India
15 November 2007
Mumbai: Engineering and construction major Larsen & Toubro
Ltd (L&T) has launched a tipper truck manufactured by Swedish heavy vehicle
maker Scania in the Indian market. The
Scania multi-axle tipper truck used in the construction and mining sectors, priced
in the Rs58-65 lakh rang, was launched at the ongoing construction equipment and
technology trade fair, Excon 2007, in Bangalore. "We
are aiming for 25-35 per cent market share in this class of trucks as early as
possible," J P Nayak, director and president, (machinery and industrial products
division), L&T said. L&T's
construction & mining equipment unit will be in charge of Scania truck sales
and service in India. L&T has a broad-based sales and service network and
represents several other products, including Komatsu. "Having
L&T as our partner is a great advantage, since the company already has well-established
relationships with customers in the mining and construction industry. With Scania
in its product portfolio, L&T has a complete range of vehicles and machinery
for demanding construction applications. In light of this, we expect to achieve
annual sales of 700 trucks within a few years," Martin Lundstedt, group vice
president and head of franchise and factory sales of Scania, said. The
truck that Scania is now launching in the Indian market is a P380 model four-axle
tipper. It is equipped with a tipper body that permits a load volume of more than
18 m3. This
class of trucks witnessed sales of 650 units in India last year and in the current
financial year it's projected to grow to 1,000 units, he said. "Our
expectation is that heavy vehicle market will grow at a faster pace than in the
past", he said.  The
other major players in this category of trucks in India are Volvo, Daimler and
Tatra, said Nayak, who added that Scania tipper trucks meet advanced emission
standards.
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