Swedish luxury car maker Volvo Car is expected to launch its luxury sedan S60 in India by 2010, once the car is reintroduced in the European markets in the middle of next year.
The company would also consider setting up an assembly facility in the country as soon as Volvo Car India, the Indian subsidiary of the Ford Group company, starts selling at least 2,000 units a year.
"We will be launching the S60 in the Indian market after it is rolled out in Europe in the middle of next year. We hope to have it in India before the end of 2010," Volvo Car India Managing Director Paul de Voijs said.
The S60 was phased out since May this year and the new car would be an advanced version, he added.
Volvo Car India, which sells its vehicles as completely-built-unit (CBU) here, would bring in the S60 from its parent facility in Belgium.
When asked about setting up its own production facility in India, Voijs said the firm would look at having an assembly plant only after achieving a "reasonable sales target".
"We will look for annual sales of, may be, around 2,000-3,000 units before setting up an assembly plant here. Our major plants in Sweden and Belgium have still got a lot of extra capacity," he added.
Voijs said the company is also exploring possibilities to bring its SUV XC60 in the country, although no final dates have been fixed for the launch of the crossover model.
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