Indico Motors expanding capacity to meet OEM’s requirement

The Indian tipper segment is expected to touch annual volumes of 100,000 units in the next 2 to 3 years. Within the commercial vehicle industry, this is the segment which has matured faster than the other segment and can be compared to other developed markets in terms of product specifications and operating practices. Particularly in deep mining applications, the European manufacturers like Volvo, Mercedes and Scania have had a lot of success in the past decade.

High quality tipper trucks need equally high quality tipper bodies and this where the tipper body fabrication industry also felt the need to raise the levels of quality and started moving from a highly unorganized segment to a level which is today comparable to global standards.

Today, the Indian market can boast of some high quality application providers, and one such company is the Jamshedpur-based Indico Motors Pvt. Ltd. Established in 1989 by Mr. Sanjay Dubey, Indico Motors has two manufacturing units in Jamshedpur and one in Bangalore. The company manufactures tippers, trailers, tip trailers, containers, car carriers, and bulkers. When it started operation in 1989, the aim of the company was to bridge the gap between demand for and supply of tippers and trailers among the country’s leading truck manufacturers. The company has a capacity to manufacture 3,000 tippers annually.

Mr. Sanjay Dubey says: “Our strong point is quality supported by our excellent service network which has helped meet our customer requirements by delivering the products on time. This commitment has enabled us to achieve greater efficiency and attract more customers”.

Indico Motors has established a pan-India sales and service network and is particularly strong in the eastern and north-eastern regions comprising Chhattisgarh, Orissa, Bihar, Jharkhand, West Bengal and Madhya Pradesh.

Today, the name Indico Motors has become synonymous with high quality tippers in the Indian market. The company has also been recognized as a supplier of durable products for the mining segment.

With manufacturers looking to offer fully-built solutions, Indico Motors’ facility at Jamshedpur, close to that of Tata Motors, gives an added advantage. The company is also in the process of setting up a new manufacturing facility near Bangalore, which will have much higher capacity. This will help the company in catering to OEMs and other private customers in the South.