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?
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Global Role: This plant establishes India as a crucial part of Volvo's international supply chain.
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Local Impact: The investment brings new jobs and cements Madhya Pradesh's status as an automotive center.
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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.
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Bharat Rana
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