Having established its Indian truck operations as the export hub for South-East Asia, Volvo has just dispatched the first batch of 150 FM12 trucks to South Korea.
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This makes India Volvo’s fourth global exports centre after Sweden, Belgium and Botswana.
The trucks were shipped to Volvo’s Korean operation which sells about 1,000 trucks a year for a 10% market share. The trucks are of the haulage-tipper type used mostly in construction and earthmoving and have the 420-hp D12 engine, 12-speed I-shift gearboxes, tubeless tyres, air suspension seats and maintenance-free suspension.
Volvo India also exports trucks and buses to Sri Lanka and Bangladesh, and ships components to other countries.
It currently works a single shift with capacity for 1,000 trucks a year. Output could be doubled by employing a second shift.
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By GlobalDataDeepesh Rathore / Tilak Swarup
