VE Commercial Vehicles sells 6715 units in June 2023

04 Jul 2023 CW Team

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, has recorded sales of 6715 units in June 2023 as compared to 6307 units in June 2022 recording a growth of 6.5%. This includes 6527 units of Eicher brand and 188 units of Volvo brand.

Following are the key highlights for June 2023:

Eicher branded trucks & buses have recorded sales of 6527 units in June 2023 as compared to 6185 units in June 2022 representing a growth of 5.5%.

In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6277 units in June 2023 as compared to 5584 units in June 2022, representing a growth of 12.4%.

On the exports front, Eicher branded trucks and buses have recorded sales of 250 units in June 2023 as compared to 601 units in June 2022, representing a decline of 58.4%. Volvo Trucks and Volvo Buses have recorded sales of 188 units in June 2023 as compared to 122 units in June 2022, representing a growth of 54.1%.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..