Provenance

The Volvo Group and Eicher Motors joined hands with a convergent vision of 'Driving modernization in commercial transportation in India and the developing world'.

Joint Venture

Volvo Trucks India

Joint venture

The Indian commercial transportation industry has been constantly under pressure from rising fuel costs, tightening regulations and a scarcity of trained drivers. In 2008, two leading players in the commercial vehicle business joined hands with a convergent vision of driving modernization in the commercial transport business in India. Volvo Group, the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines, brought its global expertise and world-class technology, while Eicher Motors brought its frugal engineering and deep knowledge of the developing markets. The mission of this joint venture- VE Commercial Vehicles Ltd. is to raise the standard of the commercial transportation industry and to take it to a new professional level. Eicher, the flagship brand, is taking the lead in ushering in the future of Indian trucking.

Eicher is poised to transform the industry by imbibing international quality standards, modernizing its manufacturing setup and adopting world-class processes in the sales and service support. Volvo Group's technology has been adapted to suit the needs of developing markets and to provide relevant modernization. The future-ready technology will ensure that Eicher drives the revolution of the trucking industry.

milestones

1948
Goodearth Company set up to sell and service imported tractors
1958
Eicher Tractor Corporation of India Ltd. was incoporated
1982
Collaboration agreement with Mitsubishi Motor Co. (MMC) for the manufacture of Light Commercial Vehicles
1986
Production of CANTER begins at Eicher Motors Ltd.
1993
Eicher adopts a new logo & acquires majority stakes (60%) in Enfield
1994
Collaboration agreement with Mitsubishi Motor co. (MMC) ended, after a successful transfer of technology and achieving total indigenization
1994
Eicher launches Light Duty Commercial Vehicles
2003
Eicher Motors enters into manufacturing of Heavy Duty Trucks
2005
Eicher Motors Ltd. disinvested the businesses of Tractors & Engines
2008
VE Commercial Vehicles Ltd. was formed as a result of 50:50 joint venture between Volvo Group and Eicher Motors Ltd.
2009
New Eicher Brand platform was developed & launch of Quality
improvement CSI-1 Initiative
2010
Launch of VE series of fuel efficient Eicher Heavy Duty (HD) trucks
2011
Eicher Trucks and Buses completes 25 years of operations in India