With order book full Volvo s plants to be busy till March News Today

  • | Friday | 20th November, 2020

Chennai: With its order book full with trucks and construction equipment the Indian plants of Swedish automobile major Volvo will be busy till March said a top official of Volvo Group India. Our order book for big trucks (used in coal mines) and construction equipment is good and will keep our factories busy for 4-5 months” Kamal Bali President of Volvo India Group told IANS. According to Bali the orders for trucks are mainly from coal mines heavy construction and for construction equipment from the road construction sector. Bali said construction equipment like excavators wheel loaders backhoe loaders are in demand from the road construction sector. Other major players in the construction equipment sector like Schwing Stetter India Ajax Engineering JCB Tata Hitachi and L&T are also doing brisk business.

Chennai: With its order book full with trucks and construction equipment the Indian plants of Swedish automobile major Volvo will be busy till March said a top official of Volvo Group India. He also said the demand for commercial vehicles -goods carriers – is also picking up for VE Commercial Vehicles Ltd a Volvo Group and Eicher Motors joint venture. “he September-December 2020 sales will be better than that of corresponding period of 2019. Our order book for big trucks (used in coal mines) and construction equipment is good and will keep our factories busy for 4-5 months” Kamal Bali President of Volvo India Group told IANS. According to Bali the orders for trucks are mainly from coal mines heavy construction and for construction equipment from the road construction sector. There is pent up demand and it is being serviced now Bali added. Volvos trucks are used in mines to remove the excavated soil. Bali said construction equipment like excavators wheel loaders backhoe loaders are in demand from the road construction sector. Other major players in the construction equipment sector like Schwing Stetter India Ajax Engineering JCB Tata Hitachi and L&T are also doing brisk business. On Wednesday Larsen & Toubro (L&T) said it has secured one of its biggest ever order for supplying 46 units of Komatsu Mining Equipment to Tata Steel.

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