VE Commercial Vehicles Sees 7.6 per cent Growth

02 Apr 2025 CW Team

VE Commercial Vehicles Ltd. (VECV), a Volvo Group and Eicher Motors joint venture, recorded 12,094 units in March 2025, marking a 7.6 per cent increase from 11,242 units in March 2024. The Eicher brand accounted for 11,852 units, while Volvo Trucks and Buses contributed 242 units.

In the domestic commercial vehicle market, Eicher trucks and buses registered 11,187 units, reflecting a 6.3per cent growth over 10,525 units in March 2024. Meanwhile, exports surged by 44.3per cent, with 665 units shipped in March 2025 compared to 461 units a year earlier. However, Volvo Trucks and Buses saw a 5.5 per cent decline, selling 242 units versus 256 units in March 2024.

Founded in 2008, VECV integrates Eicher trucks and buses, Volvo Buses, and exclusive Volvo Truck distribution in India. The company also engages in engine manufacturing, exports, and component production, contributing to India's commercial vehicle modernization.

With a commitment to innovation and efficiency, VECV continues to be a leading force in commercial transportation. For more details, visit www.vecv.in.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..