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VECV Invests ₹544 Crore in AMT Manufacturing Plant - SMEVENTURE

Summary by SME Venture
VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has announced an investment of ₹544 crore (approximately 576 million Swedish Krona) to establish a new factory dedicated to producing 12-speed Automated Manual Transmission (AMT) systems. The upcoming plant will be located in Vikram Udyogpuri Integrated Industrial Township near Ujjain, Madhya Pradesh, and is set to boost India’s manufacturing capabilities in hi…
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SME VentureSME Venture

VECV Invests ₹544 Crore in AMT Manufacturing Plant - SMEVENTURE

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has announced an investment of ₹544 crore (approximately 576 million Swedish Krona) to establish a new factory dedicated to producing 12-speed Automated Manual Transmission (AMT) systems. The upcoming plant will be located in Vikram Udyogpuri Integrated Industrial Township near Ujjain, Madhya Pradesh, and is set to boost India’s manufacturing capabilities in hi…

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SME Venture broke the news in on Thursday, October 9, 2025.
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