Volvo Eicher to set up a new plant in Bhopal

VE Commercial Vehicles (VECV), the joint venture between Volvo Group and Eicher Motors is planning to set up a greenfield plant in Bhopal in Madhya Pradesh. The company plans to invest around ₹,4,000 million. The plant is likely to go operational by second half of 2020.

It will have a manufacturing capacity of 40,000 units of truck in phase I and the later can be expanded to 90,000 units per year.

The land required for the plant has been allotted by the state government.

Project LocationBhopal, MP
Project Cost (in million)RS.4,000
Project Capacity40000 units/year
Project StatusPlanning
Commissioning DateOct-2020

Company Profile : V E Commercial Vehicles Ltd

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