Chennai: With its order book full with trucks and construction equipment, the Indian plants of Swedish automobile major Volvo will be busy till March, said a top official of Volvo Group India.
He also said the demand for commercial vehicles -goods carriers – is also picking up for VE Commercial Vehicles Ltd, a Volvo Group and Eicher Motors joint venture.
According to Bali, the orders for trucks are mainly from coal mines, heavy construction and for construction equipment from the road construction sector.
“There is pent up demand and it is being serviced now,” Bali added.
Volvo’s trucks are used in mines to remove the excavated soil.
Bali said construction equipment like excavators, wheel loaders, backhoe loaders are in demand from the road construction sector.
Other major players in the construction equipment sector like Schwing Stetter India, Ajax Engineering, JCB, Tata Hitachi and L&T are also doing brisk business.
On Wednesday Larsen & Toubro (L&T) said it has secured one of its biggest ever order for supplying 46 units of Komatsu Mining Equipment to Tata Steel.
