With the Pithampur (Indore) plant running at full capacity, VE Commercial Vehicles is looking at a new plant, claim industry sources. They draw attention to the shift of Eicher heavy-truck production out of the Bangalore facility of Volvo Trucks. The Eicher heavy trucks claimed to be based on Volvo Asia truck platform, are said to be adding to the already[Read More…]
VE Commercial Vehicles has introduced new trucks. Story & Photos by: Anirudh Raheja The Indian e-commerce segment is turning out to be a hot investment opportunity. Online retail business in India is estimated to grow over 1,200 per cent to USD 200 billion (Rs.13,30,550 crore) by 2026, up from USD 15 billion in 2016, according to a recent report by[Read More…]
VE Commercial Vehicles (VECV) will be investing Rs.400 crore to Rs.450 crore towards capacity expansion, claim industry sources. They cite that this is part of the company’s plan to invest a similar amount year-on-year towards development of new products; BSVI compliant products. Seeing a good rise in the 14- and 15-tonne segment due to buyers downgrading from 16-tonnes, the company[Read More…]
Q & A Siddharth Kirtane, Head – Sales & Marketing, Value Trucks, Mining Business, VE Commercial Vehicles Ltd. Interview by: Ashish Bhatia Q. How has the Pro 6000 tipper series evolved in line with the BSIV norms enforcement? A. The Pithampur plant has been exporting EuroIV and EuroV engines to Volvo Trucks and other (Volvo Group) brands since four years[Read More…]
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