Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
6974.00
-73.55 (-1.04%)
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Eicher Motors’ JV calls for fiscal measures to spur CV sales

Date: 11-06-2019

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.