Eicher Motors Ltd.

Eicher Motors and Volvo Group joint venture (JV) company -- VE Commercial Vehicles (VECV) has reported 35.2% growth in sales at 11906 units in March 2023. The company had sold 8803 units in the same month last year. Total domestic sales stood at 11263 units in March 2023 as compared to 7929 units in March 2022, i.e. up by 42%. However, exports stood at 414 units in March 2023 compared to 652 units in March 2022, a decline of 36.5%.

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.