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Eicher Motors’ JV calls for fiscal measures to spur CV sales

11 Jun 2019 Evaluate

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles has called for fiscal measures to boost growth in the heavily-taxed auto sector. The JV Company also plans to invest Rs 700 crore this fiscal, a part of which will go into adding capacity etc.

Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.

Peers
Company Name CMP
Bajaj Auto 10025.65
TVS Motor Company 3966.30
Hero MotoCorp 5095.00
Eicher Motors 6990.00
OLA Electric Mobilit 36.91
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