Volvo Car Corporation Sweden to outsource components from India

Volvo Car Corporation Sweden has announced that they are now going to outsource components from India.

They are aiming to outsource components worth $99 million from India this year.

With this they are joining other global automakers including General Motors Corporation and DaimlerChrysler AG to outsource their components from the Indian market.

The Indian auto part manufacturing industry would provide them an economical source for these components. The industry is known for its high quality and its frugal engineering.

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