Who is the owner of VE Commercial Vehicles Limited | wiki
About the owner of VE Commercial Vehicles Ltd
VE Commercial Vehicles Limited, an association between the Volvo Group and Eicher Motors Limited, and is headquartered in New Delhi. This joint venture came into effect in July 2008.
Domestic commercial vehicles manufacturer Eicher Motors Limited (EML) in December 2007, signed a Letter of Intent to form a separate joint venture for its commercial vehicles and components business with Swedish automotive giant AB Volvo. Eicher coveted to be a gamut commercial vehicles player. Eicher wanted to utilize the technology as well as sales and distribution grid maintained by Volvo.
About The VE Commercial Vehicles Limited Wiki
|Company Name||VE Commercial Vehicles Limited|
|Founder / Owner||Vikram Lal|
|Head Office||New Delhi, India|
|Address||3rd Floor – Select Citywalk, A-3 District Centre, Saket, New Delhi – 110 017|
Details of the owner of VE Commercial Vehicles Limited(Wiki)
Vinod Aggarwal, the Managing Director and the Chief Executive Officer of VECV. Vinod continuously associated with Eicher Group from the year 1983. And since then has directed various commissions across the Trucks, Buses, Tractor, Gears and Engines Businesses. He took up the role of the company’s CFO in 2006. Eventually, he became the President of Eicher Trucks and Buses in the year 2009. Moreover, as CEO in July 2010 and Managing Director in October 2016. Notably, a Commerce graduate from Punjab University. In addition, he is twinkly qualified as Chartered Accountant and Cost & Management Accountant.
Mr. R S Sachdeva, currently the Chief Operating officer of VECV. Notably, Sachdeva, responsible for design and development of the whole range of Eicher branded Trucks and Buses products. In addition, for the development of the new sweep of Engines. Sachdeva, an Automobile Engineer and enthusiastic in his passion. Owing to the 27 years of experience in Automobile Design and Development for him. He has been associated with the organization since 1991.
Details of the Company
ETB completed 31 years of operations in India in the month of June 2017. Then again, the first Eicher truck was rolled out from its manufacturing plant in Pithampur, Madhya Pradesh in 1986 and over the past 29 years, the products have got the endorsement from happy customers of over 6,14,000 vehicles.
Eicher 12-69 seater buses have a growing presence in the LMD school bus, staff, and route-permit segments. ETB has also made strong inroads into heavy-duty trucks segment of 16T-49T with their “VE” series of Fuel Efficient heavy-duty trucks, and the next generation Eicher Pro Series of Heavy Duty Trucks.
Albeit, Eicher disclosed its whole new range of future generation trucks and buses in Pithambur at a magnificent product launch function on December 2, 2013. Namely, the “Eicher Pro” series. The Pro series trucks and buses guarantees to deliver best of a kind considering the fuel efficiency, higher superior uptime, higher loading capacity and overall vehicle lifetime profitability.
The main plant in Pithampur has the divine manufacturing units. Including cab weld shop with robotic welding, integrated testing facilities, CED paint shop and 100% hot test facility for engines. In addition to a lean and scalable manufacturing set up.
Memorializing the triumphant completion of 8 years of partnership between Eicher Motors and Volvo Group in July 2016, VE Commercial Vehicles Limited proclaimed the start of commercial production at the technologically most superior engine manufacturing plant in India. The plant has been set up at Pithampur, Madhya Pradesh, India with an initial capacity of 25,000 units per annum in Phase 1 at an investment of Rs 375 crores.
Eicher Engineering Components (EEC)
The automotive segment distribution of VECV, Eicher Engineering Components (EEC), established in 1992. Not to mention, EEC riped to become one of the herculean and most meritorious gear manufacturers in India. In addition to the fact that EEC manages to fit all the automotive component requirements for its Trucks and Buses, it also manufactures differential gears, transmission gears and shafts for a large domestic and global clientele, both in the OEM and spare-parts segments.
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