Daimler says to assemble trucks in India soon


MUMBAI, June 27 (Reuters) - DaimlerChrysler plans to assemble Mercedes-Benz trucks in India soon, to tap the growing demand to transport freight in Asia's third-largest economy, the company said on Wednesday. As a first step, it has received a "no objection certificate" from India's top truck maker, Tata Motors Ltd. , in which Daimler owns 6.8 percent. "This is a common procedure necessary if a foreign company with an equity stake greater than 3 percent in a domestic company would like ...

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