Swedish truck maker AB Volvo plans to make India an export hub for its premium B7R bus models. The wholly owned Volvo India has mapped out a strategy to export buses to African, Middle Eastern and South Asian markets. Volvo chose India, among other reasons, because of the cost advantage of doing business there. The truck maker began operations in India in 2001, with a target of selling 100 luxury coaches annually. Volvo says it has exceeded targets, selling 130 units last year, all ...
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