VE Commercial Vehicles Registers 7.4% Sales Growth in July 2025

04 Aug 2025 CW Team

VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, reported total sales of 7,115 units in July 2025, marking a 7.4 per cent increase compared to 6,622 units sold in July 2024. The growth was primarily driven by strong performance in the Eicher brand portfolio, alongside a robust increase in exports.

Sales Performance Highlights – July 2025:

Eicher Brand Sales: Eicher-branded trucks and buses recorded sales of 6,940 units in July 2025, up 7.7 per cent from 6,444 units in July 2024.
Domestic Market: Domestic sales of Eicher-branded commercial vehicles reached 6,410 units, reflecting a 6.1 per cent growth over 6,044 units sold in July 2024.
Exports: VECV's export performance surged with 530 units sold in July 2025, a notable 32.5 per cent jump from 400 units a year earlier.
Volvo Brand Sales: Volvo Trucks and Buses registered sales of 175 units in July 2025, marginally lower than 178 units sold in July 2024, representing a decline of 1.7 per cent.

Infrastructure Urban

13 Oct 2025

Madurai Corporation Proposes Rs 1,400 Million Plan to Save Vaigai River

In a renewed effort to tackle pollution, the Madurai Corporation has submitted Rs 1,400 million proposal to the state government to upgrade the city’s drainage network and prevent untreated sewage from entering the Vaigai River. The proposal follows growing public concern over the river’s deteriorating condition despite previous mitigation efforts. The Vaigai flows for nearly 12 km within Madurai city limits, with sections obstructed by invasive plants, garbage, and untreated sewage. While multiple inlets contribute to contamination, the Panthalkudi canal in Goripalayam has been identifi..

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..