VECV Reports 37% Sales Growth in November 2025
ECONOMY & POLICY

VECV Reports 37% Sales Growth in November 2025

VE Commercial Vehicles Ltd (VECV), the joint venture between Volvo Group and Eicher Motors, reported sales of 7,652 units in November 2025, up from 5,574 units a year earlier, marking a 37.3 per cent increase. The total includes 7,425 Eicher-branded trucks and buses and 227 Volvo-branded units.
Eicher-branded trucks and buses recorded sales of 7,425 units, compared with 5,359 units in November 2024, reflecting 38.6 per cent growth. In the domestic commercial vehicle market, Eicher posted sales of 6,720 units, up from 4,957 units in the previous year, a rise of 35.6 per cent.
Exports stood at 705 units, significantly higher than the 402 units shipped in November 2024, representing growth of 75.4 per cent. Volvo Trucks and Volvo Buses sold 227 units, an increase from 215 units last year, showing 5.6 per cent growth.
Operational since December 2008, VECV offers the full range of Eicher trucks and buses, Volvo Buses, distribution of Volvo Trucks in India, and engine manufacturing for the Volvo Group. The company also manages the non-automotive engines and Eicher components business, positioning itself as a key player in modernising commercial transport in India and developing markets.

VE Commercial Vehicles Ltd (VECV), the joint venture between Volvo Group and Eicher Motors, reported sales of 7,652 units in November 2025, up from 5,574 units a year earlier, marking a 37.3 per cent increase. The total includes 7,425 Eicher-branded trucks and buses and 227 Volvo-branded units.Eicher-branded trucks and buses recorded sales of 7,425 units, compared with 5,359 units in November 2024, reflecting 38.6 per cent growth. In the domestic commercial vehicle market, Eicher posted sales of 6,720 units, up from 4,957 units in the previous year, a rise of 35.6 per cent.Exports stood at 705 units, significantly higher than the 402 units shipped in November 2024, representing growth of 75.4 per cent. Volvo Trucks and Volvo Buses sold 227 units, an increase from 215 units last year, showing 5.6 per cent growth.Operational since December 2008, VECV offers the full range of Eicher trucks and buses, Volvo Buses, distribution of Volvo Trucks in India, and engine manufacturing for the Volvo Group. The company also manages the non-automotive engines and Eicher components business, positioning itself as a key player in modernising commercial transport in India and developing markets.

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