Russian truck major Kamaz is in India for the long term. With over 200 trucks on Indian roads within six months of its launch, Kamaz Vectra Motors Ltd. (KVML) has laid strong foundation for future growth in India. Among the many global players that’ve entered the Indian market in the last few years, Kamaz is showing a lot of promise and commitment. For Kamaz, India is not just another market, but “It is the most important market for its future growth”.
KVML is a joint venture between Kamaz OJSC and the Vectra Group (51:49). The company offers its 31-tonner dump truck Kamaz-6540 (8x4) with 19-t legal payload. With more orders for trucks on hand, the company has announced expansion of its product range. “We will launch the 6X4 tipper and 4X2 tractor in September 2011 and 6X4 heavy duty tractor by November. All these products are currently undergoing test. By the end of this year, we will have the complete range to offer – 8X4 tipper, 6X4 tipper, 4X2 tractors and 6X4 tractors”, says Mr. Denis Trifonov, CEO of KVML.
KVML has set up a plant at Hosur with an annual capacity to produce 5,000 trucks. Currently the company is assembling the Kamaz-6540 tipper, and it will shortly start production of tractors Kamaz-5460 (4X2) and Kamaz-6460 (6X4), as well as Kamaz-6520 dump trucks. The company has localized most of the key aggregates achieving over 70 per cent indigenisation. With the existing products and the proposed launch of new products, the company has set an ambitious target to sell 2,500 units during 2011-12. The company commands 18 per cent share in the 8X4 truck market in the very first year.
KVML is a joint venture between Kamaz OJSC and the Vectra Group (51:49). The company offers its 31-tonner dump truck Kamaz-6540 (8x4) with 19-t legal payload. With more orders for trucks on hand, the company has announced expansion of its product range. “We will launch the 6X4 tipper and 4X2 tractor in September 2011 and 6X4 heavy duty tractor by November. All these products are currently undergoing test. By the end of this year, we will have the complete range to offer – 8X4 tipper, 6X4 tipper, 4X2 tractors and 6X4 tractors”, says Mr. Denis Trifonov, CEO of KVML.
KVML has set up a plant at Hosur with an annual capacity to produce 5,000 trucks. Currently the company is assembling the Kamaz-6540 tipper, and it will shortly start production of tractors Kamaz-5460 (4X2) and Kamaz-6460 (6X4), as well as Kamaz-6520 dump trucks. The company has localized most of the key aggregates achieving over 70 per cent indigenisation. With the existing products and the proposed launch of new products, the company has set an ambitious target to sell 2,500 units during 2011-12. The company commands 18 per cent share in the 8X4 truck market in the very first year.
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