German auto maker Daimler Trucks has zeroed in on the Munjals of Hero Honda for a joint venture to make commercial vehicles in India. The announcement is expected before Christmas. According to sources, Daimler has been directly involved in talks with the Munjal family.
Indian businessmen on the forum would also include Baba Kalyani of Bharat Forge, Sunil Kant Munjal of Hero Honda, Nandan Nilekani of Infosys, Vikram Kirloskar of Toyota Kirloskar and Deepak Parekh of HDFC.