Volvo cars to be made in India!

Volvo Cars announced that it will start vehicle assembly operations in India in 2017.
Volvo cars to be made in India!

Volvo cars to be made in India!

Volvo Cars announced that it will start vehicle assembly operations in India in 2017. A press release said that the assembly operations will be located near Bengaluru and focus on models based on Volvo’s SPA modular vehicle architecture. The first Volvo model to be assembled there is the XC90 premium SUV.

Additional models slated for local assembly will be announced at a later stage.

‘I am pleased that as of this year we will be able to start selling Volvos that are Made in India. Starting vehicle assembly in India is an important step for Volvo Cars as we aim to grow our sales in this fast-growing market and double our market share in the luxury segment in coming years,’ said Volvo Cars, president and CEO, Håkan Samuelsson in a press note.

Volvo Inner

‘It is a sign of the company’s strong commitment in India. Backed by a robust sales growth, expanding the network and an array of new product launches the local assembly will provide us an impetus to garner a sizeable segment share in the medium to long term. Each locally assembled Volvo Car will have same International standards as anywhere else in the world. With our continued efforts we are sure to build a strong foundation for our business in India,’ said company’s MD, Tom von Bonsdorff.

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