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Moving the earth

Moving the earth
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First Published: Thu, Oct 14 2010. 12 12 AM IST
Updated: Thu, Oct 14 2010. 12 12 AM IST
Olof Persson, on his first visit to India, said that India and China will remain key markets for its business. About 49% of Volvo Construction Equipment’s business is expected to come from the BRICs nations, of which India and China will constitute the largest share. Having invested Rs 90 crore in May this year, Persson said it will continue to look at further investment and expansion opportunities to tap India’s booming sectors of mining and road-building. Volvo Construction Equipment currently has a plant in Bangalore.
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First Published: Thu, Oct 14 2010. 12 12 AM IST