UPDATE 1-Volvo to step up India bus, truck capacity, exports

Newswire

(Adds comments, detail) BANGALORE, June 22 (Reuters) - Sweden's Volvo will raise its bus and truck capacity in India to meet greater local demand and for exports, a senior company official said on Friday. Volvo, the world's number-two truck maker, will export 1,000 trucks in 2008 from India to new markets including Myanmar, Indonesia, Vietnam and possibly China, Eric Leblanc, managing director at Volvo India Pvt. Ltd., told reporters. "The bus market is fairly flat, but as the ...

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