VE Commercial Vehicles Ltd.

VE Commercial Vehicles Ltd.

Company limited by Shares (3) 2663+ employees

VE Commercial Vehicles Ltd. Description

VE Commercial Vehicles Ltd is a joint venture between the Eicher Motors Limited (EML) and Volvo Group. The company came into existence in July 2008, comprising of five business verticals - Eicher trucks and buses, volvo trucks, Eicher Engineering components and VE Powertrain. The company also includes an entire range of commercial vehicles, engineering design businesses, components and distribution of Volvo Trucks. All the business units are already working in full swing and are well established. The company is headquartered in New Delhi. The company has integrated commercial vehicle factory at Pithampur. They also manufacture at Thane, Dewas and SEZ Pithampur. The company has an employee base of more than 11,000 employees. They aim to improve their efficiency in the nation and the developing markets, resulting in the reduction of logistics cost for goods and people. Ever since their starting they owe their establishment to the increase demand of driving modernization in commercial transportation, in Indian as well as global markets. Eicher trucks and buses finished their 29 years of operations in India in June 2017. They also revealed their entire new range of future generation trucks and buses at a product reveal function in Pithampur, back in 2013. The all new products have been named as "Eicher Pro" series. They have been specialized in adopting the most professional and philosophical approach to modernize the Indian trucking industry. They promise to deliver world class fuel efficiency, higher loading capacity and overall vehicle life time profitability. Volvo trucks in India are a well go with the mining and the construction industries. They are the first truck manufacturers to introduce the highly popular European design and high performance trucks with latest technologies. Eicher Engineering Components came into being in 1992, and has evolved itself as an established player in its segment of manufacturing power train components and gear boxes.

VE Commercial Vehicles Ltd. Overview

INDIA HO
New Delhi
COMPANY SIZE
1877+ employees
CIN
U74900DL2008PLC175032
TYPE
Public
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
http://www.vecv.in/
EMAIL
srmukherjee@eicher.in
FOUNDED
07 Mar,2008
PAID-UP CAPITAL
100,000,000
AUTHORISED CAPITAL
100,000,000
TRADE MARK
DEMM
ACCREDIT
ISO/TS 16949
126 Related OEMs
6 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Individuals
0.00%
Total Number Of Shareholders 10
Shareholding As On 2016-05-05

VE Commercial Vehicles Ltd. in News

30 Jun 2021

Asia's longest high speed test track opens in Pithampur

Asia’s longest and the world’s fifth high speed test track was inaugurated on Tuesday at National Automotive Test Tracks (NATRAX) in Pithampur. The 11.3 km facility is likely to attract global players for automotive testing and reduce dependence of Indian OEMs on foreign testing tracks.

28 Jun 2021

Scrappage policy paves way for automotive circular economy

The scrappage policy will provide novel opportunities for both the new and the existing players to build a robust go-to-market offering and provide consumers solutions to ease the end of life of vehicle resale / purchase processes,” Som Kapoor, partner, automotive sector, EY India, said in a recent report. The report says that environmental issues and sustainability have become priorities with a focus on minimal use of non-renewable resources and minimal emission from pollutants. An important aspect of aggregated emission reduction is to increase circularity across the automotive industry’s value chain, including new processes and operating models related to end-of-life vehicles (ELVs).

15 Jun 2021

Cops to seize vehicles over 15 years old

Starting Tuesday, the Gurgaon traffic police will start impounding old vehicles and penalising the owners in order to reduce pollution. As per the National Green Tribunal’s (NGT) order, vehicles older than 15 years cannot ply on the roads of Delhi-NCR.

28 May 2021

Space crunch: 3.4 lakh vehicles towed in 2020

In 2020, despite the Covid pandemic curfew, the city traffic police department had towed and fined some 3.35 lakh illegally parked vehicles from various locations in the city.

11 May 2021

China Hongqiao to start recycled aluminium production at year-end

The joint project with Germany's Scholz Recycling in an industrial park in Zouping will be able to process 500,000 tonnes per year of aluminium scrap and reduce average annual carbon emissions by 1.9 million tonnes when fully operational, according to the statement on an official WeChat account.

09 Apr 2021

Gujarat vehicle sales fall by 36% overall

The data shows that districts with municipal corporations registered declines over 37%. The biggest decline was in Surat which saw a 45% decline followed by Ahmedabad, where registrations fell by 42%.

26 Mar 2021

Ather 450X test rides begin in Mysore

The company said it commenced early test rides in Mysuru ahead of the opening of its experience centre in May, due to the surge in bookings, enquiries, and test ride requests from the city.

Directors of VE Commercial Vehicles Ltd.

Name DIN Email Designation Date of joining
Vinod Kumar Aggarwal Unlock to View Unlock to View Director 26 Oct,2016
Hakan Sven Karlsson Unlock to View Unlock to View Director 26 Oct,2016
Jacques Pierre Marie Michel Unlock to View Unlock to View Director 26 Oct,2016
Lila Firoz Poonawalla Unlock to View Unlock to View Director 30 Mar,2015
Prateek Jalan Unlock to View Unlock to View Director 30 Mar,2015
Philippe Divry Unlock to View Unlock to View Director 03 Feb,2012
Raul Rai Unlock to View Unlock to View Director 26 May,2008
Siddhartha Vikram Lal Unlock to View Unlock to View Managing director 07 Mar,2008

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