Volvo Trucks India

VECV to invest ₹544 crore in new automated manual transmissions plant

VE Commercial Vehicles, a joint venture between the Volvo Group and Eicher Motors, announced on Thursday an investment of Rs 544 crore to set up a production facility for Volvo Group's 12-speed automated manual transmissions. The greenfield factory will be established at Vikram Udyogpuri Integrated Industrial Township, near Ujjain, Madhya Pradesh, the company said in a statement. The investment in automated manual transmission (AMT) production will cater to the needs of Eicher heavy-duty truck customers in India and the Volvo Group in India and select markets in the Asia-Oceania region, it added. As the global manufacturing hub for Volvo Group's 5 & 8 Litre (MDEP) engines since 2013, VECV's Pithampur factory has been a pioneer in making in India for the world, the company said. "The new investment to assemble and produce the Volvo Group AMT is built on the bedrock of this trust and technical capability. It marks another significant step towards our vision of becoming a leading CV .

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Volvo Trucks launches tractor-trailer combination for speedy cargo movement

Volvo Trucks on Thursday announced the introduction of its tractor-trailer combination, specially curated for express cargo movement in India in partnership with logistics player Delhivery. Volvo and Delhivery had tested together to deploy Volvo FM 4x2 tractor trailer long haul truck for express operations, allowing speedy delivery and cost efficiencies of services. "Turn-around and efficiency is the focus in these trucks. The Volvo FM420 4x2 solution has a comfortable cabin along with a superior clutch free driveline, that enables effortlessly driving for about 20 hours with a set of drivers," VE Commercial Vehicles MD & CEO Vinod Aggarwal said. He further said telematics, an integral part of these trucks, ensures that exhaustive data is captured, analysed and correction happens throughout the journey. "The reduced delivery time helps customers to fulfil their business goal of delivery to their customers in the shortest possible time, substantially reducing order cancellations," .

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