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Asia Motor Works launches 16 ton single axle tipper model Print E-mail
Written by James   
Tuesday, 29 November 2011
Bangalore: Asia Motor Works (AMW) has launched the 1618 TP single axle (4*2) tipper powered by a 178bhp diesel engine. The model marks AMW’s entry into the competitive 16 ton segment of the Indian commercial vehicle market.

AMW, which began full scale production in 2008, currently sells 1,000 trucks every month through 87 touch points across the country. This represents a volume growth of over 100% compared to the same period last year, making AMW the fastest growing truck brand in India. The company rolled out its 20,000th truck from its manufacturing plant in Bhuj, Gujarat during September 2011.

The planned capacity of commercial vehicles is at 50,000 annually with the facility being set up at a cost of Rs. 1,500 crores. It currently employs about 2,000 people and uses state of the art production processes to build world class trucks for the Indian market. 

In addition the Company has installed capacity for 24,000 tipper bodies, 100,000 tonnes of fabricated components, 45,000 tonnes of pressed metal and 30,000 tonnes of frames for chassis production. The company recently acquired a forging unit in Mysore in southern India, which produces axles and other forged components.

AMW also manufactures components for the automotive and general engineering industries. AMW’s capacity of 15 million wheel rims makes it the largest single location plant in Asia and the company supplies pressed metal components to auto and white goods manufacturers.

AMW has also emerged as the number 2 player in the 25 ton and above Tipper segment of the Indian commercial vehicle market, displacing Ashok Leyland. AMW’s share of this segment is currently at 26% and the company plans to launch several new application specific models aimed at growing its overall volumes and share in the future.

The total addressable market of HCVs in 2010-11 was 220,000 commercial vehicles per annum, which is currently growing at about 9% per annum. During the current fiscal year, AMW has successfully entered into all segments of the HCV market and is poised to grow strongly thanks to its increasing penetration in the construction and mining segment of the commercial vehicle market.

 
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