India is set to experience significant growth in the next decade and become a key player in manufacturing operations for the Volvo Group, according to Sofia Frandberg, Chairperson of VE Commercial Vehicles (VECV). Frandberg highlighted the company's strong growth in all segments, including buses, trucks, engines, and components. VECV, a joint venture between Eicher Motors and Volvo, has already become the sole global manufacturer of 5-litre and 8-litre diesel engines for Volvo.