The Volvo Group launched the first green castings for building engines at Naidupeta in Tirupati district on Thursday, as part of its commitment to becoming a climate-neutral company, including its supply chain and global suppliers from India, by 2040.
The company officials described the move as a significant step, adding that India was a key source for the group’s global casting requirements. When fully adopted, the potential reduction in CO 2 per annum due to green castings would amount to 0.86 million tonnes for the Volvo and 210 million tonnes for the industry.
