VECV crosses 1 lakh annual vehicle sales milestone in FY26

02 Apr 2026 CW Team

The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 per cent), while the bus segment added 19,363 units (18.7 per cent).

VECV attributed the milestone to its application-specific product portfolio, focus on fuel efficiency and uptime, and customer-centric approach, backed by a robust manufacturing and service network. Since its formation in 2008, the Volvo–Eicher partnership has played a key role in shaping India’s commercial vehicle market by combining Volvo Group’s global technology leadership with Eicher Motors’ understanding of domestic requirements.

B. Srinivas, MD & CEO, VECV, said, “Crossing the milestone of 1,00,000 vehicles in a year is a significant achievement for VECV and reflects the trust our customers have placed in our products and solutions. This milestone also fulfils a key part of the original vision set at the inception of the Volvo–Eicher joint venture, underscoring the strength and long-term strategic direction of our partnership.”

He added, “As we move forward, we remain committed to driving the next phase of growth through innovation, sustainability, and deeper customer engagement.”

The company said it continues to support India’s Atmanirbhar Bharat vision through strong domestic manufacturing and an expanding export footprint. It also highlighted alignment with government-led infrastructure initiatives such as Bharatmala and clean mobility programmes like PM e-Drive.

VECV operates eight manufacturing plants in India, including an Industry 4.0-enabled facility in Bhopal and its integrated hub at Pithampur. The company is also setting up an Automated Manual Transmission (AMT) plant in Ujjain. VECV’s operations are supported by over 1,250 dealership and service touchpoints, along with its connected vehicle platform, Eicher Live.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 per cent), while the bus segment added 19,363 units (18.7 per cent).VECV attributed the milestone to its application-specific product portfolio, focus on fuel efficiency and uptime, and customer-centric approach, backed by a robust manufacturing and service network. Since its formation in 2008, the Volvo–Eicher partnership has played a key role in shaping India’s commercial vehicle market by combining Volvo Group’s global technology leadership with Eicher Motors’ understanding of domestic requirements.B. Srinivas, MD & CEO, VECV, said, “Crossing the milestone of 1,00,000 vehicles in a year is a significant achievement for VECV and reflects the trust our customers have placed in our products and solutions. This milestone also fulfils a key part of the original vision set at the inception of the Volvo–Eicher joint venture, underscoring the strength and long-term strategic direction of our partnership.”He added, “As we move forward, we remain committed to driving the next phase of growth through innovation, sustainability, and deeper customer engagement.”The company said it continues to support India’s Atmanirbhar Bharat vision through strong domestic manufacturing and an expanding export footprint. It also highlighted alignment with government-led infrastructure initiatives such as Bharatmala and clean mobility programmes like PM e-Drive.VECV operates eight manufacturing plants in India, including an Industry 4.0-enabled facility in Bhopal and its integrated hub at Pithampur. The company is also setting up an Automated Manual Transmission (AMT) plant in Ujjain. VECV’s operations are supported by over 1,250 dealership and service touchpoints, along with its connected vehicle platform, Eicher Live.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..