Volvo Buses Opens New Plant in India

Volvo Buses has inaugurated a new body plant in Bangalore, India. The body plant will be operated by a new joint-venture company with the co-operation partner Jaico Automobiles.

The new company is named as Volvo Bus Body Technologies India and Volvo Buses holds a 70% ownership interest in the new company.

The new plant has a capacity of 1,000 buses annually and the company expects to have about 600 employees at the end of this year. The plant will primarily build Volvo Buses for the Indian market, but the company expects to be able to export complete buses to other markets in southeast Asia, the Middle East and Africa.

Hakan Karlsson, president of Volvo Buses, said: “The traffic situation in the steadily growing cities in the area is an increasingly greater problem. This increases the demand for modern buses and efficient bus-based mass transit systems.”