Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / India

Scania Expands To Tap Mining And Construction Growth

February 2012 | Company News Alert

Swedish commercial vehicle (CV) manufacturer Scania has announced investment in a new Regional Product Centre, to expand on its existing partnerships within the mining sector and introduce new products for other CV segments, including heavy trucks for the construction sector. This aligns with BMI's bullish view of the Indian CV segment, based on a pipeline of infrastructure projects, which will contribute to a doubling of the country's construction industry value by 2016/17 according to our Infrastructure team. Over the same period we expect sales of commercial vehicles to grow by around

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