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 starts production at its new truck plant in Bhopal

Date: 07-12-2020

Eicher Motors and Volvo Group's joint venture (JV) -- VE Commercial Vehicles (VECV) has started the commercial operations at its new, state-of-the-art truck manufacturing unit at Bagroda, Bhopal. This is the 8th manufacturing facility of VECV in the state of Madhya Pradesh and has been set up with Industry 4.0 standards.

With the setting up of this plant at Bagroda Industrial Area, Bhopal, VECV becomes the pioneer company in development of a new Industrial Estate at Bagroda. With this plant, a number of ancillary units are expected to come to Bagroda and this holds a very bright future for the development of this area as well as for creation of employment opportunities for the local people.

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.