Luxury carmaker Volvo Auto India is aiming for 20-fold increase in its sales in India at 20,000 units per annum by 2020, for which it will drive in new models and enhance its service network.
The company, which on Wednesday launched upgraded versions of its two top selling models in India --S60 and XC60 -- priced between Rs 29.90 lakh and Rs 46.55 lakh (ex-showroom Delhi), is targeting to sell 1,000 units in 2013.
"We are aiming to sell 20,000 units per annum in India by 2020. We plan to enhance our product portfolio as well as service network to achieve the desired results," Volvo Auto India Managing Director Tomas Ernberg said.
Last year, the company had sold 811 units in the country. On expansion of service network, Ernberg said: "We are planning to have around 40 dealerships by 2020. By the end of this calender year, we will have 15 dealerships in India."
Published 23 October 2013, 18:30 IST