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Eicher Motors’ JV resumes manufacturing operations in India

08 May 2020 Evaluate

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has resumed manufacturing operations at its plants in India following relaxation of guidelines for the third phase of the lockdown by the government. The plants located at Pithampur, Dewas, and Baggad in Madhya Pradesh and Thane in Maharashtra have resumed lean operations after the required permissions were granted by the state government.

Lean operations have been initiated at 25-40 percent levels in these plants with strict adherence to the guidelines and advisories laid down by the central and state governments as well as local authorities. The priority continues to be to service the customers with dispatch of parts to various service centres, dispatch of already produced BS-VI vehicles, and meeting the needs of transporters engaged in delivery of essential goods.

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 9945.00
TVS Motor Company 3940.05
Hero MotoCorp 5045.00
Eicher Motors 6919.00
OLA Electric Mobilit 37.05
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