The workers of the two-year-old bus plant are demanding confirmation of temporary employees and reinstatement of those who were suspended in April this year, in addition to wage hike.
VBT is opening its new manufacturing facility, costing Rs 80 crore, through a joint venture with Azad group at Hoskote near Bangalore on Thursday. Initially, VBT will produce 450 buses and by 2010 the unit will reach its full capacity of 1,000 buses, he said.
Volvo would make India, along with China, the Asian sourcing hub in the bus manufacturing segment for domestic and global markets, a top company executive said on Monday.
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
'This tragedy will not be the last -- you shall witness another tomorrow, perhaps another the day after, and increasingly more.'
Volvo has redefined bus travel in the country and continues to churn out several new quality products for this market. Can it stave off tenacious newcomers like Tata and Benz?
Seven people were killed while 40 others injured, six of them seriously, when a Mumbai-bound bus from Bangalore caught fire after hitting a road median in north Karnataka's Haveri district early on Thursday.
Principal Secy Alapan Bandyopadhyay would arrive by the bus.
The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement. Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in sales of medium and heavy commercial vehicle (MHCV) buses during the April-to-December period of 2023 to 11,216 units. Volvo Eicher Commercial Vehicles (VECV) posted 24.7 per cent sales growth between April and December for light and medium-duty buses, and 36.9 per cent growth for heavy-duty buses.
India's flagship motor show Auto Expo 2023 kicked off on Wednesday with the global unveiling of Suzuki Motor Corporation's concept electric SUV 'eVX' which is slated to hit the market by 2025. The company's Indian arm Maruti Suzuki India is among the major manufacturers participating in the show that has returned after three years. The Concept eVX is a mid-size electric SUV concept designed and developed by Suzuki Motor Corporation (SMC), Japan. It will be powered by a 60 kWh battery pack offering up to 550 km of driving range on single charge.
Months after take off, Durgapur airport in West Bengal struggles to stay afloat
When Rajasthan CM Vasundhara Raje Scindia decided to convert her government's capital outpost into a hub of culture, she transformed Bikaner House into Delhi's premier cultural space, notes Kishore Singh.
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