VE Commercial Vehicles sells 7424 units in June 2024

04 Jul 2024 CW Team

VE Commercial Vehicles (A Volvo Group and Eicher Motors joint venture) recorded sales of 7424 units in June 2024 as compared to 6715 units in June 2023, a growth of 10.6%. This includes 7314 units of the Eicher brand and 110 units of the Volvo brand.

The following are details for June 2024:
Eicher branded trucks & buses have recorded sales of 7314 units in June 2024 as compared to 6527 units in June 2023 representing a growth of 12.1%.

In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6893 units in June 2024 as compared to 6277 units in June 2023, representing a growth of 9.8%.

On the Exports front, Eicher branded trucks & buses recorded sales of 421 units in June 2024 as compared to 250 units in June 2023, representing a growth of 68.4%.

Volvo Trucks and Volvo Buses recorded sales of 110 units in June 2024 as compared to 188 units in June 2023, representing a decline of 41.5%. VECV is a joint venture between the Volvo Group and Eicher Motors Limited. In operation since December 2008, the company includes the complete range of Eicher branded trucks and buses, Volvo Buses, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, non-automotive engines and Eicher component business. A multi-brand, multi-division company, backed by innovative products & services, VECV today, is recognized as an industry leader for modernising commercial transportation in India and the developing world.

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..