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Volvo eager to set up Rs 1,500 crore unit in HP
"Volvo, in collaboration with Jaico
Automobiles Engineering Company,
Bangalore, is keen to set up its auto
plant in Himachal soon," said
Fredrick Ahlberg of the general
council of Volvo Bus Corporation,
Sweden. Ahlberg submitted a
proposal to the Himachal Pradesh
Chief Minister Virbhadra Singh in
Shimla. "We will welcome
investment by Volvo, a worldrenowned
automobile company, for
manufacturing buses and other
vehicles in the state," said Mr
Singh. Since the central
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