10’000th ‘Made-in-India’ Volvo Car rolls out
Kolkata: Volvo Car India has reached the milestone of producing ten thousand cars in India at its Bangalore facility, the company said.

“It was in 2017 that the company commenced assembly operations with the ever-popular XC90 being the first car to be assembled and rolled out. Till date the highest production has been of the XC60 with 4000+ numbers,” a press release said.
Volvo India’s first fully electric car XC40 recharge happened to be the ten thousandth car produced in the country.
"The honour of being the ten thousandth car goes to the company’s first Pure electric offering the 'XC40 recharge,'" read the release.
Volvo Car India Managing Director Jyoti Malhotra said, “It is indeed a matter of pride for the company to have reached this milestone in short span of time in spite of nearly three years of pandemic disruptions. The steady increase of capacities at Bangalore reflects our commitment to India’s luxury mobility segment.
"The honour of being the ten thousandth car goes to our first Pure electric offering, XC40 Recharge which continues to showcase consumer confidence. I am beholden to Volvo Car India’s entire ecosystem that has made this milestone possible.”
Volvo Car India Production Head Gao Feng said, “Rolling out the ten thousandth car is indeed a major milestone for our plant. Since 2017 we have been increasing our capacities to meet customer demand and have also continuously undertaken skill upgradation leading to the successful assembly of EVs. Our plant also holds the proud distinction of having rolled out India’s first domestically assembled EV our XC40 Recharge.”
The manufacturing facility in Hoskote near Bengaluru commenced assembly of Volvo cars in 2017.
The company today locally assembles all its models in India namely XC90, XC60, S90, XC40 Recharge and the recently launched C40 Recharge.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

TVK leader booked for social media post urging ‘Gen Z revolution’ after Karur tragedy

PoK protests: Agitation escalates as civilians toss containers into river, clash with Pakistani forces

Nine Assam workers killed in accident at Tamil Nadu power plant site, PM Modi announces compensation

Denmark to tighten student visa rules, restrict family entry for Bangladeshi and Nepali applicants
