VE Commercial Vehicles sells 6715 units in June 2023

04 Jul 2023 CW Team

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, has recorded sales of 6715 units in June 2023 as compared to 6307 units in June 2022 recording a growth of 6.5%. This includes 6527 units of Eicher brand and 188 units of Volvo brand.

Following are the key highlights for June 2023:

Eicher branded trucks & buses have recorded sales of 6527 units in June 2023 as compared to 6185 units in June 2022 representing a growth of 5.5%.

In the domestic CV market, Eicher branded trucks & buses have recorded sales of 6277 units in June 2023 as compared to 5584 units in June 2022, representing a growth of 12.4%.

On the exports front, Eicher branded trucks and buses have recorded sales of 250 units in June 2023 as compared to 601 units in June 2022, representing a decline of 58.4%. Volvo Trucks and Volvo Buses have recorded sales of 188 units in June 2023 as compared to 122 units in June 2022, representing a growth of 54.1%.

Infrastructure Transport

20 Jun 2025

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd鈥檚 subsidiary, Reliance Aerostructure, has signed an agreement with France鈥檚 Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a 鈥渟ymbol of India鈥檚 technological and manufacturing strength鈥�, adding that it aims..

Infrastructure Urban

20 Jun 2025

INDEA Lays Foundation for India鈥檚 First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country鈥檚 first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India鈥檚 transition from a cost-driven to a quality-led a..

Infrastructure Transport

20 Jun 2025

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India鈥檚 innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..