Eicher Motors and the Volvo group have commissioned the Euro 6-compliant diesel engine plant in Pithampur, Madhya Pradesh, while celebrating their partnership for five years. It has invested around Rs 375 crore on the plan and these engines will be supplied to Volvo’s facility in France where they will subsequently be assembled.
The company plans to 25,000 engine and aims to increase this production in phases to 100,000 units at an additional investment of Rs 125 crore. The same engine platform can cater to the requirements of the joint venture, VE Commercial Vehicles, both in India and the Asia-Pacific region.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10265.25 |
| Hero MotoCorp | 5133.00 |
| TVS Motor | 3594.00 |
| Eicher Motors | 7288.30 |
| Ather Energy | 899.90 |
| View more.. | |
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