Volvo, the Swedish earth-moving and heavy vehicles manufacturer, is examining the feasibility of setting up a unit to make entry-level trucks in India, while scouting for other suitable locations in Asia.
To be a large volume player in the Indian market we may look at either a joint venture partner or an Indian automotive company to be a technology partner. We are holding talks with some companies and may even set up the new unit close to our plant near Bangalore,” said AB Volvo’s Executive Vice-President, Jorma Halonen.
India could also be the location Volvo is considering for an engine and transmission plant to serve the Asian market.
Even though it would be entry level don't expect it to cost the same as the tata or ashok leyland trucks here in India
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Thursday, August 16, 2007
Volvo to make entry level trucks in India
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