Daimler India to invest Rs 4,000 crore in Tamil Nadu for BharatBenz

Daimler India Commercial Vehicles (DICV) will invest Rs 4,000 crore in Tamil Nadu to expand its BharatBenz brand. The investment, part of an MoU with the state government, will create 400 jobs and brings DICV's total investment to Rs 14,500 crore.