Swedish CV maker Scania has announced it will start manufacturing buses in India with the inauguration of its plant in Bengaluru on Tuesday, 31st March. It will be under Scania Commercial Vehicles India Private Limited and based out of Narasapura close to the city.
The plant, pegged at INR 300 crore, will employ 300 people in its first operating year and will have the capacity to produce 1000 buses. Apart from the domestic market, this plant will cater to the Middle East, Rest of Asia and Africa as well.
Scania started in India in 2013 with a plant in Narasapura which currently manufactures about 2500 trucks and 1000 buses annually. Scania has managed to achieve nearly 60% local content in trucks and the figure stands at 40% for buses and the number will continue to rise as ancillaries step-up their game.