VE Commercial Vehicles Sees 7.6 per cent Growth

02 Apr 2025 CW Team

VE Commercial Vehicles Ltd. (VECV), a Volvo Group and Eicher Motors joint venture, recorded 12,094 units in March 2025, marking a 7.6 per cent increase from 11,242 units in March 2024. The Eicher brand accounted for 11,852 units, while Volvo Trucks and Buses contributed 242 units.

In the domestic commercial vehicle market, Eicher trucks and buses registered 11,187 units, reflecting a 6.3per cent growth over 10,525 units in March 2024. Meanwhile, exports surged by 44.3per cent, with 665 units shipped in March 2025 compared to 461 units a year earlier. However, Volvo Trucks and Buses saw a 5.5 per cent decline, selling 242 units versus 256 units in March 2024.

Founded in 2008, VECV integrates Eicher trucks and buses, Volvo Buses, and exclusive Volvo Truck distribution in India. The company also engages in engine manufacturing, exports, and component production, contributing to India's commercial vehicle modernization.

With a commitment to innovation and efficiency, VECV continues to be a leading force in commercial transportation. For more details, visit www.vecv.in.

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..