VE Commercial Vehicles to Set Up ₹544 Crore AMT Manufacturing Facility in Madhya Pradesh

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has announced a ₹544 crore investment to establish a new manufacturing facility for automated manual transmissions in Madhya Pradesh. The greenfield factory will be located at Vikram Udyogpuri Integrated Industrial Township near Ujjain. The facility will manufacture Volvo Group’s 12-speed Automated Manual… Continue reading VE Commercial Vehicles to Set Up ₹544 Crore AMT Manufacturing Facility in Madhya Pradesh