Leading truck makers of international market are targeting India?s commercial vehicle segment. Fiat Group?s Iveco and American Paccar are looking to enter the country to tap the potential here. Paccar, headquartered in Bellevue, Washington, already has a component sourcing and developing technology centre at Pune for its global operations, set up three years ago in partnership with local technology solutions company KPIT Cummins Infosystems.
It had also participated in the 11th Auto Expo in Delhi and showcased its premium trucks. Globally, Paccar designs, manufactures and markets light, medium and heavy-duty trucks under the Kenworth, Peterbilt and DAF brands. In the past few years, global giants like Volvo, Daimler, Scania, Navistar and Beiqi Foton have entered the Indian market and are competing with local players like Tata Motors and Ashok Leyland.