Volvo CE India

By using AI, IoT, and autonomous systems we are delivering smarter, safer, and more efficient solutions that empower our customers to tackle the complexities of large-scale projects with confidence.
Dimitrov Krishnan - Managing Director, Volvo CE India

What cutting-edge solutions is Volvo CE offering for large-scale infrastructure projects and how is the company leveraging AI, IoT, and autonomous systems to enhance operational efficiency?

Volvo CE India is at the forefront of addressing large-scale infrastructure challenges with cutting-edge innovations tailored for highways, metro rail, tunneling, mining, railways, and mega industrial projects. Our advanced machines, like the EC950 excavator, L350H wheel loader, and A60H articulated hauler, offer unmatched performance and durability, ensuring faster project delivery while optimizing fuel efficiency and reducing operational costs. Features like our unique Volvo Eco Mode and Care Track telematics solutions further enhance machine efficiency and cost-effectiveness.

We are leveraging AI, IoT, and autonomous systems to revolutionize project execution. Our IoT-enabled equipment provides real-time data insights for predictive maintenance, reducing downtime and ensuring peak performance. AI-driven fleet management tools streamline operations by optimizing equipment usage and scheduling, contributing to faster project timelines. These innovations exemplify our commitment to delivering smarter, safer, and more efficient solutions that empower our customers to tackle the complexities of large-scale projects with confidence.

What measures is your company taking to reduce energy consumption, minimize emissions, and incorporate green technology in its products?

Volvo CE India leads the way in advancing sustainability with Stage V emission-compliant engines, significantly reducing particulate matter and emissions. Our machinery is engineered to reduce energy consumption while delivering high performance. For example, our EC210 Hydraulic Excavator utilizes advanced technology that helps reduce fuel consumption by up to 17% compared to conventional models. We integrate intelligent telematics and adaptive systems to optimize machine operations, further reducing unnecessary energy expenditure.

Our manufacturing facilities, powered by renewable energy like solar, have achieved remarkable milestones, including a 30% reduction in energy consumption over the past five years. Through re-manufacturing programs, we have refurbished over 10,000 components, advancing a circular economy. Notably, our “SHAKTI” Charging Facility exemplifies our commitment to sustainable mobility by enabling the electrification of construction equipment.

Volvo CE India continues to lead the transition towards sustainable construction solutions while empowering our partners and communities to build a better world.

How is your company optimizing manufacturing processes and addressing supply chain issues?

Volvo CE India tackles rising production costs and supply chain challenges through lean manufacturing, advanced automation, and data-driven optimization, reducing waste and boosting efficiency. By diversifying suppliers and leveraging AI-driven logistics, we ensure a resilient supply chain with timely deliveries. Partnerships with technology providers enable us to adopt IoT and energy-efficient solutions, maintaining cost efficiency without compromising quality.

Additionally, Volvo’s Equipment-as-a-Service model offers customers access to the latest machinery, reducing capital expenditure while maintaining operational standards.

How is Volvo CE supporting the MSME industry in upskilling them and ensuring high-quality component production?

Volvo CE is supporting the upskilling of MSMEs through collaboration and localization efforts. Through initiatives like supplier development programs, we work closely with MSMEs to implement quality management systems, optimize processes, and meet global standards. Partnerships with industry bodies and government programs such as the Make-in-India initiative, further support MSMEs by providing training in areas like digital manufacturing and sustainable practices. For example, by involving local suppliers in the production of the EC210 Hydraulic Excavator, Volvo CE not only boosts component quality but also raises MSMEs' competitiveness to meet global standards.

We also promote knowledge sharing through workshops, seminars, and mentorship opportunities, ensuring that MSMEs remain competitive in a rapidly evolving industry. By aligning efforts with both industry and government, Volvo CE India is helping uplift MSME standards and strengthening the foundation of the construction supply chain.

What incentives or support mechanisms should be in place to attract multinational component manufacturers and investment in high-quality component manufacturing?

To attract multinational manufacturers, government-led incentives like the Production-Linked Incentive (PLI) scheme, coupled with financial support for local manufacturing, are essential. Volvo CE India’s own success in localizing its compactors demonstrates India’s potential as a high-quality manufacturing hub. Furthermore, partnerships to foster technological advancement and quality improvements for vendors are crucial. Collaborative efforts between industry and government in supporting green technology development and upskilling initiatives would elevate Indian manufacturers to meet international standards, fostering global competitiveness.

How can the industry-government partnership improve to streamline business operations and foster innovation?

Strengthening industry-government partnerships is key to innovation and for streamlined operations in the CE sector. Regulatory simplification for electric and hybrid equipment, along with tax incentives, would encourage faster adoption of green technologies. Localization initiatives, such as Make-in-India and enhanced PLIs, are vital for positioning India as a competitive manufacturing base. Fostering an ecosystem for sustainable practices and easing regulatory processes would solidify India’s role as a leader in electric construction equipment, ultimately enhancing the sector’s international standing.