Swedish automaker Scania rejigs top-level management in India

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Press Trust of India New Delhi
Last Updated : Jan 14 2016 | 3:28 PM IST
Swedish commercial vehicle manufacturer Scania today announced top-level management changes in India with Mikael Benje taking over as the new Managing Director.
Besides, Stefan Palskog has been appointed President of the Indian operations.
Benje has replaced Anders Grundstromer, who is moving back to the parent organisation after heading the Indian unit for three years.
The company, which currently has a production capacity of 2,500 trucks and 1,000 buses, plans to double the capacity by 2020.
"We aim to double production capacity by 2020 with a target of selling 5,000 trucks and 2,500 buses annually," outgoing MD Grundstromer told reporters here.
Scania also plans to expand employee pool to 1,200 at the manufacturing plant near Bengaluru, he added.
When asked about the investment on doubling the capacity, Grundstromer said the company is yet to finalise the details.
The company has been present in India since 2007. It inaugurated its first manufacturing facility in the country in Narasapura, Bengaluru at an investment of Rs 300 crore in 2013.
Scania also welcomed the government's decision to advance the timelines for BS VI emission norms in the country.
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First Published: Jan 14 2016 | 3:28 PM IST

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