Volvo Buses India merges into Volvo India Private Limited, consolidates operations
Volvo Group in India includes multiple business areas and brands: Volvo Buses, Volvo Penta Engines, Volvo Construction Equipment, SDLG Construction Equipment, UD Buses, Volvo Trucks, Eicher Trucks and Buses.
Eicher and Volvo Trucks are sold via the JV Company, namely VE Commercial Vehicles Limited.
Commenting on the development, Kamal Bali, Managing Director of the joint company, Volvo India Private Limited (VIPL) said, “At Volvo Group, we are constantly seeking to create greater value for our customers, together with all our stakeholders. Given the circumstances, it is quite natural for all businesses and brands of the group to be part of a unified legal organization in order to harness synergies, competencies, create greater efficiencies and responsiveness at the back-end, leading to better customer experience”.
Bali added, “The Volvo Group is united by a single vision – to become the world leader in sustainable transport solutions. We are closely aligned with India’s key growth priorities with focus on Urbanization, Infrastructure & Skill development, while making transportation safer & sustainable. Volvo Buses will continue to play a major role here”
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