VECV's ₹544 Crore AMT Hub in Madhya Pradesh
In a major boost for Indian manufacturing, Volvo Eicher Commercial Vehicles (VECV) is investing ₹544 crore to build a new factory in Madhya Pradesh. This won't be just any plant. It's been designated a global production hub for the Volvo Group's Automated Manual Transmissions (AMTs).
This means the advanced transmissions made there will be used in Volvo trucks and buses sold across the world, a huge vote of confidence in India's manufacturing capabilities.
How Does the Investment of VECV Make a Huge Impact?
-
Global Role: This plant establishes India as a crucial part of Volvo's international supply chain.
-
Local Impact: The investment brings new jobs and cements Madhya Pradesh's status as an automotive center.
-
Tech Focus: Producing AMTs highlights the industry's shift towards more efficient, easier-to-drive commercial vehicles.
The new hub strengthens the strategic partnership between Eicher and Volvo, leveraging Indian manufacturing to serve global demand.
Latest News
Budget 2026-27 Impact on Trucks & Commercial Vehicles Industry
Feb 6
Ashok Leyland Bada Dost i5 vs Mahindra Veero Diesel Comparison
Feb 3
Eicher Pro X EV Completes A Record Kashmir to Kanyakumari Trip
Jan 29
Newly Launched Ashok Leyland TAURUS 3532 Tipper’s Top Key Features
Jan 28
Youdha Trevo L5 Electric Cargo Launched at ₹4.35-4.75 Lakh
Dec 29
Maruti Suzuki Launches New Mini Bus Starting at ₹4.99 Lakh
Dec 26
MIT-WPU Team Develops Safe System to Transport Hydrogen
Dec 15
Top Launches at EXCON 2025 in Commercial Vehicles Industry
Dec 14
ZF to Make Transmissions & Axles in New Coimbatore Plant
Dec 13
Ashok Leyland Launches P15 & H4 Engines at EXCON 2025
Dec 12
BharatBenz Launches New Intercity Bus BB1924 in India
Dec 11