Potential Business Opportunities to Drive Volvo Group's Profitability in India
Committed investment of Rs.80 billion for the group and Rs.18 billion for Volvo-Eicher joint venture planned in near future.
Volvo group will look to encash potential business opportunities as part of its growth plan in India, stated Mr. Olof Persson, President and CEO Volvo group at a recent interactive meet with infrastructure industry representatives and media in Bangalore. The meet was also attended by Mr. Philippe Divry, MD, Volvo India pvt ltd & Senior Vice President, Truck Joint Ventures Volvo group, Mr. A.M. Muralidharan, President, Volvo Construction Equipment India along with Mr.S prabhakaran, Vice President, Industrial Marine and Power Systems, Volvo Penta, Mr. Vinod Aggarwal, CEO, Volvo Eicher Commercial Vehicles (VECV), Mr. A.K. Birla, Executive Vice President-Sales, Marketing and Aftermarket, Trucks Buses and Engines, VECV along with other senior officials from Volvo.
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NBM&CW December 2012
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