<h1>Volvo to Invest Rs 1,400 Crore in Manufacturing Expansion, Creating 2,000 Jobs and Boosting Production by 2025</h1> Sweden-based Volvo is set to invest Rs 1,400 crore to expand its manufacturing plant in Hoskote near Bengaluru, creating over 2,000 direct jobs. The investment agreement was signed during the Invest Karnataka-2025 summit, attended by the Chief Minister and other officials. Volvo aims to increase production capacity from 3,000 to 20,000 buses and trucks annually, enhancing India's role in the global supply chain. The Chief Minister assured support for the expansion, emphasizing local employment. Volvo CEO highlighted the company's significant presence in Karnataka and its contribution to the local and international markets.