Volvo to step up India bus, truck capacity, exports

Newswire

BANGALORE, June 22 (Reuters) - Sweden's Volvo will raise its bus and truck capacity in India, the world's fifth-biggest market for buses and trucks, to meet greater domestic demand and for exports, a senior company official said on Friday. Volvo, the world 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. Volvo owns 70 ...

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