The ceremony was held at the manufacturing site in Narasapura (20 km from Hosakote). The new plant will be a completely knocked-down (CKD) assembly unit for truck and bus chassis. Bodybuilding of city buses and coaches is also planned in this facility. It has been specially designed to be in line with global standards of the Scania Group.
The ground-breaking ceremony signifies an important landmark for Scania in India, and furthers the commitment of Scania to the country. The CKD plant will be constructed on an area of 35 acres. This facility will assemble trucks and buses for the Indian market and the first rollout is expected in early next year. Over the next one year, Scania plans to invest Rs. 2.5bn in the new production facility. Scania will employ up to 800 people in this facility over the next five years.
Said Henrik Fagrenius, Managing Director, Scania Commercial Vehicles India, “The ground-breaking ceremony signifies an important landmark for Scania in India. We aim to produce and sell 2000 heavy trucks and 1000 intercity buses and coaches per year within the next five years. With this new assembly unit in Bangalore, we are confident of meeting the requirements of our customers.”
Scania’s manufacturing facility is aimed to at further boosting the company’s sales and service activities in the country. This will bring in a greater variety of models and also shorten the delivery time for customers. Scania provides high service levels that provide high uptime and low operating cost for customers. Scania’s strategies for India are innovative, offering value through lower total cost of ownership for customers and will bring in the best products and services to the country.
About Scania
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products account for a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime. Scania also offers financial services. Employing some 37,500 people, the company operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2011, net sales totalled SEK 87.7 billion and net income amounted to SEK 9.4 billion. Scania press releases are available on http://www.scania.com/.
Scania India
In 2011, Scania established the company Scania Commercial Vehicles India in order to boost its presence through sales to the on-road segment. By establishing a plant for bodywork and undertake the outfitting of trucks and buses, and provide a parts depot within the country, Scania will offer trucks, buses and engines in India.
In India, Scania is present through its partner Larsen & Toubro (L&T) since 2007. L&T has successfully established Scania’s trucks and services and has developed a close partnership with customers in the mining industry. L&T has distributed and is supporting more than 600 trucks working in various job sites across India. This relationship will continue.For more information visit http://www.scania.in/
Sourced From: Avian Media
