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The Volvo Group, one of the world's leading heavy-duty commercial vehicle (CV) and diesel engine makers, is engineering a fresh push in India, one of the world's biggest growth markets for commercial vehicles.The 85-year-old group has appointed Philippe Divry as the managing director of Volvo India and senior vice-president, Truck Joint Ventures India. Divry will oversee domestic operations, where Volvo has a joint venture with Delhi-based Eicher Motors, under the company VE Commercial Vehicles.
Volvo's brand presence so far is visible mostly in the premium trucking segment, inter-state luxury buses segment, construction equipment space and engines (Volvo Penta). The group aims to increase presence not just in CVs but in other areas of business as well. It hopes to increase footprint in the exports segment, too.
Divry, 47,