Mercedes-Benz India is a subsidiary of Daimler AG based in India.
Daimler entered the Indian market and set up Mercedes-Benz India Ltd in 1994. The company was later renamed DaimlerChrysler India Private Ltd after the merger of parent company Daimler with Chrysler. After DaimlerChrysler sold off most of its equity interests in Chrysler in 2007, it changed its name to Daimler AG. As a result, DaimlerChrysler India was renamed Mercedes-Benz India once again.
Mercedes-Benz India is a 100%-owned subsidiary of Daimler AG. The company is based in Pune.Mercedes-Benz reached the top 100 most trusted brands of India published by The Brand Trust Report and also won the Best Brand Award by Auto India Best Brand Awards 2011.
Daimler has a commercial vehicle plant outside of Chennai which it is currently upgrading with an investment of 700 million Euros. The passenger cars manufacturing plant is located in Pune.
The C-Class and E-Class are assembled locally while others are fully imported from Germany.