Volvo Buses plans exports to Europe from India. The company plans to use India as an export hub for developed markets like Europe.
“A key milestone of this initiative is that the first-bus made in the Indian facility will be unveiled later this year in Europe,” said Håkan Agnevall, President, Volvo Buses.
He further said, “Buses made for Europe will be manufactured in India. With this we will be the first bus company from India to cater to European market.”
At present, intercity coaches and city buses from the Indian facility are being exported to countries in the South Asia region and to South Africa.
The company plans to align with Central government’s ‘Make in India’ initiative with the objective to leverage its manufacturing presence in Asia.
Source:thehindubusinessline.com
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