Eicher Motors announced that its subsidiary, VE Commercial has plans to set up a new greenfield truck manufacturing plant at Bhopal. The Madhya Pradesh Government has allotted land for the new plant and work to set up this plant is expected to start soon.
The target is to go on stream with this plant in the next 18 months at an investment of around Rs. 400 crore and an initial capacity of 40,000 trucks; in addition to the capacity of 90,000 trucks at Pithampur, near Indore.
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