Swedish brand Volvo has begun assembling cars at their plant near Bangalore in India. Cars valued $40,000 or more that are brought into the country through the Completely Built Unit route attract an import duty of 100%. So to make the cars more affordable to Indian consumers, Volvo India will go...
Volvo's India R&D Develops Trucks for Export
Swedish multinational Volvo's India R&D team has a global mandate to develop value segment trucks. “Concept to design to execution is done by the Indian team. Of course, they may take some help when it comes to engines. But, they are leading the show. Some of the products this team...