+
VECV crosses 1 lakh annual vehicle sales milestone in FY26
ROADS & HIGHWAYS

VECV crosses 1 lakh annual vehicle sales milestone in FY26

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code