|
Volvo
to invest US$ 500 million in Bangalore facility
Volvo,
the luxury bus-maker, plans to set up its new 1,000-unit capacity
facility in Bangalore at an investment of US$ 500 million.“This
new facility will be developed with its joint venture partner,
Jaico, and Volvo will hold 70 per cent stake,” said Jan
Vandooren, Southeast Asia Head and VP, Volvo buses.“The
new facility should be operational in two years time. Besides,
this will enhance our exports a great deal and enable us to
cater to markets in the Middle East and Africa,” he further
added. Volvo launched its new inter-city bus version, the
B7R CRD recently, featuring the technologically advanced CRD
engine which is euro three compliant. Other features of this
model are the new electrical architecture, instrument cluster
and dashboard switches and electronic brake system..more>
|
Quarterman
Lee, Strategos Inc, elaborates on steps of Implementing Lean Manufacturing
– Imitation to Innovation
Scalability
of new Allen-Bradley Kinetix 2000 servo drives from Rockwell Automation
expands application versatility. The Machinist finds out more
