Volvo Buses Hakan Agnevall and Akash Passey addressing the media in Bangalore on Tuesday

With the objective to leverage its manufacturing presence in Asia, Volvo Buses has announced its plans to use India as an export hub for developed markets like Europe. A key milestone of this initiative is that the first bus made in the Indian facility will be unveiled later this year in Europe.

Volvo is among the leading players in the global bus market. The company's Asia Leverage strategy aims to utilise its manufacturing presence in India and China to cater to demands also from other global markets. At present, intercity coaches and city buses from the Indian facility are being exported to countries in the South Asia region and to South Africa.

Håkan Agnevall, President, Volvo Buses said, "At Volvo Buses, we are constantly looking at providing maximum value and high quality to our customers across all markets. This was a driving thought in starting the Asia Leverage programme; to utilise the efficient engineering and manufacturing expertise in India to meet the demands of other global markets.

"The commencement of exports to Europe from India is a proof point of these capabilities. We are confident that going forward we will leverage the skills and strengths in India to meet the European market requirements."

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