Title:

Volvo AB signs letter of intent with Indian vehicle manufacturer Eicher - Conference Call Transcript

Price:$54.00
Publication Date:Dec 10, 2007
Source:Thomson StreetEvents
Report Type:Transcript
Abstract:Final Transcript of VOLV_B.ST M&A conference call or presentation, 10-Dec-07 10:00am CET
Brief Excerpt:... - Volvo AB - CEOVery good then. Welcome to this press and analyst conference as it relates to Volvo's and Eicher's joint venture in India. I will be speaking on this agenda over the Indian truck market how we intend to set up the joint venture company together, the signing of the letter of intent and then the rationale behind the deal both from our point of view and, of course, from our Indian partner's, Eicher's, point of view. And with me in the press conference is Siddhartha Lal, CEO of Eicher, and also Jorma Halonen from India, and they will be speaking as we come into the conference here. I will be going through then the Indian truck market, and let me start with that. We have clearly here a very interesting and quickly growing big market. And India is now investing into an infrastructure both in terms of joining the big cities and ports, and as you can see on the slide here, very considerable investment in infrastructure, both in terms of highways but also in terms of corridors...
Word Count:7155
Length:12 Pages
Ticker:VOLV_B.ST
Time:10:00am CET
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