Scania mulls entering Indian truck and bus market

Newswire

STOCKHOLM, April 26 (Reuters) - Scania , Europe's number four heavy truck maker, is eyeing a move to enter the Indian truck and bus market, the firm's top executive said on Wednesday. The Sweden-based company manufactures and sells its trucks and buses mainly in Europe and Latin America. Scania Chief Executive Leif Ostling ruled out seeking a stake in the vast U.S. market, but said the firm's eyes were now on India. "We will go into India in one way or another, but I can't say more. My ...

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