Page 4 - Volvo

Volvo wants to set up unit in India to cut import duty; try us, says Odisha

With Swedish luxury car maker evaluating possibilities of setting up its assembly plant in India, Odisha has thrown its hat in the ring.The state government has invited Volvo Auto India to explore Odisha as a destination for its assembling facility by dangling an array of incentives the state offers. "We are given to understand that Volvo Auto India is exploring to set up an assembly unit in India. We invite you to consider setting up the unit in Odisha. The state's existing Industrial Policy Resolution (IPR) provides very competitive incentives for automobile manufacturers. In addition, a new dedicated policy for auto and auto components sector is on the anvil which will ensure unmatched competitive advantage for companies setting up units in the state", Odisha industries secretary Sanjeev Chopra stated in a letter to Tom von Bonsdorff, managing director, Volvo Auto India Ltd.Volvo is looking for an assembly plant in the country as it was losing heavily by forking out steep import ...

Volvo launches luxury sedan S90 at Rs 53.5 Lakh

Volvo Cars, known for its SUVs and Estates, sells its flagship 7-seater luxury SUV XC90 which is its volume grosser

Volvo's India R&D developing trucks for global market

India is the third biggest R&D centre for Volvo after Sweden and France in headcount

Volvo launches hybrid SUV XC90 T8 Excellence at Rs 1.25 crore

The model is based on the company's XC90 model

Volvo launches India's first plug-in hybrid SUV at Rs 1.25 cr

When in use for long distances, the vehicle can be run on a hybrid mode or a power mode where petrol will be consumed

Volvo Auto India hires Nalin Jain as CFO

It also seeks to increase sales volume and secure a 10% market share in the luxury car segment by 2020

Volvo Penta announces plans to manufacture industrial engines locally

Engines, 5 & 8 litre, will be manufactured at VE Powertrain plant in Pithampur near Indore

Truck aggregators consolidating logistics business: Santosh Aiyer

Q&A with Santosh Aiyer, managing director, Volvo Asset Finance