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25.6.07

BUSMAKERS' NEWS

* India - Volvo will hike capacity and increase domestic sourcing

Bangalore,Karnataka,India -Machinist.in, by Arjun -24 June 2007: -- Volvo India will double its manufacturing capacity in its factory at Hoskote near Bangalore to meet the growing demand in the domestic and export market. The bus and truck manufacturing capacity will be hiked to 2,500 units next year from 1,600 now, without the need for any additional investment. Volvo India will also source more components from the domestic market. Component sourcing from India for its global production centres had increased to 90 million this year from 75 million...

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