Business Standard

We're eyeing 10% share of India's luxury car market by 2020: Volvo India MD

In a Q&A, Tom von Bonsdorff says the firm will launch electric cars in India by that year

To bring electric cars to India by 2019/2020: Tom von Bonsdorff

Volvo India Managing Director Tom von Bonsdorff

Ajay Modi New Delhi
Swedish luxury car maker Volvo recently announced plans to assemble cars in India and said it would roll-out the first assembled product by the end of 2017. The domestic luxury car market is on a growth path and Volvo Auto India Managing Director Tom von Bonsdorff tells Ajay Modi the company is poised to command a 10 per cent share of the Indian luxury car market in three years. Edited excerpts:

How has the company performed during the first half of 2017?
It has been a good first half. We are on track to meet the promises we made to

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First Published: Jul 13 2017 | 1:36 AM IST

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