Volvo invests in India


imagesSweden-based truck and bus manufacturer Volvo, is planning to expand its manufacturing facility in Hoskote, near Bangalore, India. The automaker has been manufacturing trucks and buses at this plant, which also accommodates a commercial vehicle driving school. The investment is likely to create more than 2,100 job opportunities.

The state government made this announcement after Hakan Agnevall, president, Volvo Bus Corporation, held discussions with Siddaramaiah, chief minister of Karnataka, in Bangalore.