VE Commercial Vehicles Sees 7.6 per cent Growth
ECONOMY & POLICY

VE Commercial Vehicles Sees 7.6 per cent Growth

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code