ALSO READIntroducing MOX@Techzone will ensure ground level success for programs like Make in India, Digital India and Skill India: Ferguson NBCC (India) in focus after declaring Q2 result India raises market stabilisation bond issuance limit, RBI says India gas demand growth stymied by slow infrastructure development India factory activity expands at a slightly faster pace in February
Swedish luxury car company Volvo Cars on Thursday said it will start vehicle assembly operations in the country during 2017.
According to Volvo Auto India, the decision positions the company for further growth in the fast expanding premium car segment in India.
The assembly operations will be located near Bengaluru, Karnataka.
The first Volvo model to be assembled there will be the XC90 premium SUV.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)