VRV Sriprasad is MD, Volvo Buses India
Date: 14 May 2014
Volvo
Bus Corporation has appointed VRV Sriprasad as the new Managing Director of
Volvo Buses India. Sriprasad has 28 years of experience in the commercial
vehicle industry. He takes over from Manish Sahi.
Sriprasad
has around 28 years of experience in the automotive industry. His recent
assignment for six years was with Daimler India Commercial Vehicles. He has
also worked for the Eicher Group.
“Sriprasad
brings him with an all-round and in-depth understanding of the commercial
vehicle market. His passion to contribute to change in the commercial vehicle
industry, his commitment to create value for customers as well as for
passengers fits very well with Volvo Buses’ mission in India. I look forward to
seeing Volvo Buses expand its role in the Indian bus industry in the years to
come,” said Akash Passey, Senior Vice-President, Business Region International,
Volvo Bus Corporation and Chairman of the Board of Volvo Buses in India.
VRV Sriprasad will report to Akash Passey. He
takes over from Manish Sahi, who has taken the position as Director –
International Business, Volvo Buses India. Besides current export opportunities
in Region International, Manish will also focus on export possibilities to
Region Europe and Region Americas. The division aims to contribute 25pc of
volume into India industrial system and thereby enhancing the profitability of
the India cluster. He will operate from both India and Sweden.
Volvo Buses in India today is a market cluster
covering the South Asian countries of India, Nepal, Bhutan, Sri Lanka,
Bangladesh and the Maldives. At present, exports from the production facility
in Bangalore take place to South Africa and future plans include increased
spreads to new markets. Recently, Volvo announced introduction of UD Buses for
the growth markets, starting first with India in the value segment of the bus
market here.
In India, Volvo Buses has a leading share of
the high-performance inter-city luxury coaches that connect major cities, and
low-floor air-conditioned city buses, which are operating in 15 cities.
Source: Volvo Buses In