Today, July 27th, Scania hold a ground-breaking ceremony for its new facility in Narasapura, Bangalore.
The company laid the foundation stone of the Narasapura plant, where Scania will build buses and trucks for the Indian market. The ceremony was held 20km from Hosakote, at the manufacturing site in Narasapura. Scania announced that the plant will have a completely knocked-down assembly unit for bus and truck chassis and it will also offer bodybuilding of city buses and coaches.
The ground-breaking ceremony was attended by Henrik Fagrenius, Managing Director, Scania Commercial Vehicles India, who laid the foundation stone, and also Sivakumar Viswam, Director Sales, Suresh Ekambaram, Director After Sales and Stefan Wiklund, Director Finance.
Scania plans to make an investment of INR 2.5 billion (SEK 322 million) in the new plant in 2013 and hire 800 employees over the next 5 years. The facility will cover an area of 140,000 m2 and production is expected to begin in 2013.
Henrik Fagrenius, Managing Director, Scania Commercial Vehicles India, said, “The ground-breaking ceremony signifies an important landmark for Scania in India. We aim to produce and sell 2,000 heavy trucks and 1,000 intercity buses and coaches per year within the next five years.”