Heavy vehicle manufacturer Volvo is planning to export
its products to more countries such as China and Indonesia
as is operations in India slowly turns profitable.
Indian operations of Volvo is regarded as a centre of
excellence and the company is now planning to export vehicles
to countries such as China, Indonesia, Vietnam, Algeria
and Myanmar. It already exports trucks to South Korea
and some of neighbouring countries, Volvo India managing
director Eric Leblanc said while addressing the India
Innovation Summit organised by the Confederation of Indian
also sources components worth $100 million from India
for its global operations, Mr Leblanc said. He said even
though Volvo''s trucks are priced at least three times
higher than those sold by competitors in India , the truck
maker has been able to sell enough trucks to make it a
profitable venture in the country.
said Volvo trucks consume 50 per cent less fuel and also
operators need to buy less number of trucks to manage
their operations. Volvo wanted the customers to understand
that its trucks were more profitable to run than the others,
meanwhile, has put together a fleet management service
for the customers to maximise the benefits to them. The
company also so far trained 14,000 drivers under an ongoing
five-day training programme.
said the higher cost of its buses are offset by increased
revenues because of higher occupancy rates. A survey conducted
by the company found out that the passengers were willing
to pay higher fares if the buses were more efficient,
he pointed out.
which built its first truck way back in 1928, is the second
largest producer of heavy trucks, creating reliable transport
solutions for clients all over the world.
trucks are sold and serviced in more than 130 countries
around the world, through over 650 dealerships and 1,450
than 90 per cent of the trucks it builds are in the heavy-weight
class, over 16 tonnes, which makes Volvo Truck Corporation
the third largest heavy-duty truck manufacturer in the
Volvo has nine assembly plants around the world, as well
as eight factories owned by local partners.