Volvo Cars, the Swedish luxury car maker today, declared to begin vehicle assembly operations in India in 2017.

According to the Volvo Cars, "The assembly operations will be located near Bengaluru and focus on models based on Volvo's SPA modular vehicle architecture"

The company's statement added, "The company will make use of Volvo Group India's existing infrastructure and production licences near Bengaluru, it said without disclosing further contract and financial details. It will work together with Volvo Group India -- the truck, bus, construction equipment and Penta engines manufacturer -- to set up its assembly operations in India"

"The first model to be assembled in India will be the company's premium SUV, XC90. Additional models slated for local assembly will be announced at a later stage", it further said.

Volvo Cars President and CEO Hakan Samuelsson said: "Starting vehicle assembly in India is an important step for Volvo Cars as we aim to grow our sales in this fast-growing market and double our market share in the luxury segment in coming years."

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