The bus unit of Volvo, Volvo Buses India, merged with Volvo Private limited. This merger took place in December and came into effect on the 31st of December 2015.
The Volvo group is a huge multi-national, involved in a number of business’s in India. They make Volvo Buses, Volvo Penta Engines, Volvo Construction Equipment, UD Buses, Volvo Trucks, Eicher Trucks and Buses. They also have a JV with Eicher Trucks called VE Commercial Vehicles Limited.
This helps in expanding the sales and service centers of Volvo in India to 300, with close to 3,500 employees and 3 industrial establishments.