Eicher Motors Ltd.

Eicher Motors and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles (VECV) has launched a premium bus range, including coach and sleeper trims, to cater to the growing inter-city travel segment. The company is already strong in school and staff transport segments and now aims to establish its presence in the long distance inter city travel space with the new offering.

The new range would fall between the value segment buses and the high end premium products being offered by the likes of Volvo. The company's new range would be priced between Rs 40 lakh and Rs 1 crore depending upon requirements of the fleet operators and various state transport undertakings.

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.