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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

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 headquarter on the volume and ...