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Volvo plans fourth global factory in India, boosting local production and decarbonization efforts.
Volvo Group India, under President Kamal Bali, sees India as a strategic home market after 25 years of operations, with plans for its fourth global manufacturing hub.
The company, through a joint venture with Eicher Motors, operates both premium Volvo and mainstream Eicher brands, deepening local integration.
Volvo has signed an MoU with Tata Motors Commercial Vehicles under the LeadIT framework to accelerate decarbonization in heavy-duty transport, focusing on infrastructure, policy, and talent.
Bali emphasized that collaboration among manufacturers, fuel suppliers, and policymakers is key to reducing road emissions, which account for 37% from heavy trucks.
India hosts Volvo’s largest R&D and IT hub outside Sweden, underscoring long-term commitment to innovation and sustainability.
Volvo planea su cuarta fábrica global en la India, impulsando la producción local y los esfuerzos de descarbonización.