The massive Vijay order marks a milestone, according to Pär Östberg, member of Volvo’s Group Executive Management and President of Trucks Asia. There are a total of 5,500 Volvo trucks in India, which is the world’s fourth largest truck market.
“In India, Volvo Trucks belongs to the premium segment and has secured a place as the leading manufacturer in terms of safety and environmental responsibility”, says Pär Östberg. “We have a solid customer base, very strong customer relationships and the best aftermarket solutions”.
He is cautiously optimistic about the Indian truck market and views the Vijay order as a sign that the vehicle market in India may start picking up soon. “We are witnessing positive signs of recovery regarding light trucks and buses. In terms of heavy trucks, the market is still declining but at a slower rate.”
