Scania Commercial Vehicles India lays foundation stone with a grand ceremony

Tuesday 31 July 2012, 11:18 AM by

Scania Commercial Vehicles India lays foundation stone with a grand ceremony  | CarTrade.com
Scania Commercial Vehicles India lays foundation stone with a grand ceremony

Scania Commercial Vehicles India organized the ground-breaking ceremony of its new industrial site in Narasapura on July 27, 2012. The foundation stone for the new facility was laid down by the Managing Director of Scania Commercial Vehicles India, Henrik Fagrenius. The top brass of the company including Director Sales, Sivakumar Viswam, Director Finance, Stefan Wiklund, etc. were also present at the occasion of ‘Bhoomi Poojan’.

The company is amongst the leading automobile giants of the world and manufactures trucks and buses for heavy transport along with industrial and marine engines. It had initiated its subsidiary, Scania Commercial Vehicles India, in 2011 however, Scania has been present in India since 2007 in partnership with Larsen & Toubro (L&T). The grand function is a benchmark for Scania in India, and will further strengthen the brand’s commitment to the country.

The foundation ceremony was held at the company’s manufacturing unit in Narasapura, 20 km away from Hosakote. The new facility will be in adherence to the global parameters of the Scania Group. The new facility has been established for bodywork and to carry out the outfitting of trucks and buses along with providing a parts depository in India. It will operate as a completely knocked-down (CKD) assembling facility for chassis of buses and trucks. As per the plans, the plant will cover an area of 35 acres. The first rollout of the plant is expected in the beginning of the following year.

“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 India, we are confident of meeting the requirements of our customers,” said Henrik Fagrenius, Managing Director, Scania Commercial Vehicles India.

Scania plans to spend Rs. 2.5 billion in the new manufacturing facility at Narasapura over the next one year. Moreover, it will generate many jobs in the country; it is expected to hire over 800 employees, over the next five years. Scania hopes that this manufacturing unit will boost its overall sales in the country. The company will offer multiple varieties in its models and will try its best to ensure sooner delivery of the products. The brand’s strategies for the Indian market are innovative, offering better vehicles at reasonable prices and are anticipated to herald the entry of the best products and services to the country.

Scania Commercial Vehicles India lays foundation stone with a grand ceremony 1

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