Volvo Bus Corporation has appointed Mr. VRV Sriprasad as the new Managing Director of Volvo Buses India. Taking over from Mr. Manish Sahi, Mr. Sriprasad will report to Mr. Akash Passey, Senior Vice-President, Business Region International, Volvo Bus Corporation and Chairman of the Board of Volvo Buses in India.
Mr. Sriprasad is a highly recognised professional in the Indian automotive industry with 28 years of CV industry experience in areas like direct and retail sales, setting up of greenfield projects, new brand & product introductions and manufacturing. He had his recent assignment for six years with Daimler India Commercial Vehicles. He has also worked for the Eicher Group.
“Sriprasad brings with him an all-round and in-depth understanding of the commercial vehicle market. His passion to contribute to change in the commercial vehicle industry and his commitment to create value for customers as well as for passengers fit very well with Volvo Buses’ mission in India. I look forward to seeing Volvo Buses expand its role in the Indian bus industry in the years to come,” said Mr. Akash Passey.
Meanwhile, Mr. Manish Sahi has taken over as Director – International Business, Volvo Buses India. Besides current export opportunities in Region International, he will also focus on export possibilities to Region Europe and Region Americas. The division aims to contribute 25 per cent of volume to the India industrial system, thereby enhancing the profitability of the India cluster. He will operate from both India and Sweden.
Volvo Buses in India today is a market cluster covering the South Asian countries of India, Nepal, Bhutan, Sri Lanka, Bangladesh and the Maldives. At present, exports from the Bangalore production facility are made to South Africa. Future plans include expansion into new markets. Recently, Volvo announced introduction of UD Buses for the growing markets, starting first with India in the value segment of the bus market.
In India, Volvo Buses has a leading share of the high-performance inter-city luxury coaches that connect major cities, and low-floor air-conditioned city buses which are operating in 15 cities.