-73.55 (-1.04%) 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.