Eicher Motors’ JV bags order worth Rs 500 crore to supply 550 intercity buses

04 Aug 2023 Evaluate

Eicher Motors and Volvo Group joint venture (JV) company -- VE Commercial Vehicles (VECV) has secured an order for 550 intercity buses worth around Rs 500 crore from Karnataka-based Vijayanand Travels. The buses, to be delivered in 12-18 months, will comprise 500 units of Eicher Intercity 13.5m AC and non-AC sleeper coaches and 50 Volvo 9600 luxury sleeper coaches.

Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.


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4982.70 101.80 (2.09%)
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