Financial Daily from THE HINDU group of publications
Tuesday, Jan 17, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Corporate - Announcements


Volvo mulls launching BRT systems in India

Our Bureau


Mr Hakan Karlsson, President, Volvo Bus Corporation, addressing a press conference in Bangalore on Monday. Mr Akash Passey, Head and Vice-President, Volvo Buses, South Asia, is also seen. — G.R.N. Somashekar

Bangalore , Jan. 16

HAVING established its market for commuter buses for both city and inter-city transportation, Volvo is keen to explore the possibility of launching its high capacity BRT systems which could reduce the pressure of commuting.

Mr Hakan Karlsson, President of Volvo Bus Corporation, said BRT systems, with a capacity of 300 passengers, is already being operated in the southern American cities of Chile, Brazil and Colombia.

He said the company, which was focussed on India as a growth market apart from China, was not averse to introducing the high capacity BRT system. He, however, said no initiative has been taken for marketing the product.

Mr Karlsson said it could be run on a dedicated corridor or in combination with other transportation systems. A BRT system could replace a large number of small buses, helping the city transport operators optimise the operational cost.

Volvo, which has been manufacturing buses at its India plant to cater to both private and government transport operators, is also keen on exporting to Pakistan, Mauritius, and other Asian and West Asian countries. Mr Karlsson was here on the eve of the launch of `Volvo City Bus' in India. He said about 10 per cent of the total bus production of 400 was being exported. "The percentage will reach about 25 per cent in a short span." The company's plant in Hoskote and China will play a major role in sourcing components for global production.

More Stories on : Announcements

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Praj Ind bags contracts from Bajaj Hindustan


Delphi-TVS to make common rail diesel injection systems
Godrej ships out reactors for US refinery
KLG Systel deploys power transmission solution in UP
Cummins to export natural gas engines to South America, Europe
Cummins arm keen on electrical equipment maintenance biz
Volvo mulls launching BRT systems in India
`IFAC move to improve public confidence in financial reporting pays'
Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock
Toyota refuses to keep staff dismissal in abeyance
Reliance to pick up 25% equity in Yemen refinery
ABG Shipyard to buy Fujairah unit
Tribals displaced by Tata Steel project — Orissa Govt to announce revised rehabilitation package soon
RINL to advertise fresh EoI for Rs 4,346-cr debt
Cos planning IPOs: `SEBI can crosscheck records of RoCs'
NCDEX spot gas trading being held up by delay in GAIL board approval
FXLabs in pact with Archie Comics
TI to use new tech for auto components biz
Maruti Suzuki plans to set up a complete design centre in India


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line