India: Volvo Bus to invest Rs4bn to expand local ops

Volvo Group plans to invest Rs4bn (US$81.45m) over the next five years, to expand its bus manufacturing operations in India. "We will invest Rs4bn during the next five years to expand our installed production capacity to 5,000 units per annum, in two phases, from 1,000 units currently and introduce a range Subscribe to Automotive World … Continued

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• October 14, 2011