UPDATE 1-Scania to invest $30 mln in India plant

Newswire

* Scania to enter India's on-road truck market * Production to begin in early 2013 * Targets 2,000 truck sales over next 5 years (Adds quotes, details) BANGALORE, Jan 31 (Reuters) - Swedish truck maker Scania AB will invest 1.5 billion rupees ($30.1 million) in an assembly plant in southern India, as the company eyes surging growth in large commercial vehicle sales in Asia's third-largest economy. Scania's entry into India's truck and bus sector comes as global manufacturers such as Daimler ...

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