Eicher Motors, a commercial vehicle maker, has increased price by 1-2 percent across categories in July and has no immediate plans of a further hike. In June, sales of trucks and buses, a key barometer of economic health, rose 17.8 percent to 62,009 vehicles in June, industry data showed.
Recently, Eicher Motors had been allotted 50 acres of land at Oragadam SIPCOT Industrial Park, near Chennai by the Tamil Nadu Government. The company had been allotted the land for its proposed expansion plans. The TN chief minister Jayalalithaa presented a letter in this regard to the company's managing director.
Eicher Motors is engaged in manufacturing of commercial vehicles, motorcycles and engineering components. In 1986, the company introduced its first product ‘Canter’. It is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10362.35 |
| Hero MotoCorp | 4883.65 |
| TVS Motor | 3361.95 |
| Eicher Motors | 7107.45 |
| Ather Energy | 988.20 |
| View more.. | |
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