VECV’s ₹544 Cr Bet: New AMT Plant To Pioneer 12-Speed Tech In India | Vinod Aggarwal | Business News #ETNOW
VECV’s ₹544 Cr Bet: New AMT Plant To Pioneer 12-Speed Tech In India | Vinod Aggarwal | Business News
VECV invests ₹544 crore in a greenfield plant near Ujjain, MP, for Volvo Group’s advanced 12-speed AMT production, starting October 2027 at 40,000 units/year. Over 90% for exports to Asia-Oceania; boosts localization, fuel efficiency, and driver safety. GST cuts fuel positive CV sentiment, with rural LCV demand rising and H2 growth expected.
#vecv #volvoeicher #amtplant #makeinindia #commercialvehicles #gstcuts #cvdemand #automatedtransmission #eichertrucks #indiamanufacturing #etnow
control your money with economic times now.
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