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Overland to set up truck assembly plant

Sinotruk has tied up with Hyderabad-based Overland Trucking to introduce its range of mining trucks in India. As part of the tie-up, Overland, which has presence in the Indian mining space and distribution, would invest between Rs 100 crore and Rs 150 crore in setting up an assembly line for Sinotruk?s portfolio of heavy-duty, medium, light, special-purpose and military trucks and buses in Telangana district.

Tipping point

The trucking industry has changed quite dramatically in the last ten years and all indicators are that in the next ten years, it is going to be more intense.

Sinotruk eyes India

Sinotruk, one of the largest heavy truck makers of China, has plans to set up an assembly unit in India after expanding in a big way in other overseas markets.