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01 Our Vision

To be recognized as the industry leader driving modernization in commercial transportation in India and the developing world.

02 Our Mission

VECV aims to continuously improve transportation efficiency in India and developing markets, thereby reducing logistics costs for goods and people – leading to higher enablement of specialization in manufacturing, agriculture and services, thereby increasing the nation's economic activity and productivity. We choose to do this in a sustainable manner by having the safest, most durable and efficient products in the market. We care for our customers holistically by offering not just trucks and buses, but also the best services and soft products which enable them to achieve maximum profits. We work with the driver community to enhance their productivity and overall working environment We will partner with all stakeholders to deliver maximum uptime of the vehicles through innovative support services We work with professionalism, passion, and the greatest respect for all individuals.

03 Going Forward

VECV aims to continuously improve transportation efficiency in India and the developing markets via relevant modernization, thereby reducing logistics costs for goods and people leading to economic growth and productivity. VECV will strive to produce the most technologically advanced, safe and efficient trucks and buses for our chosen markets, and provide superior uptime and best in class after-sales support to our customers through innovative technology and network expansion.

MILESTONES

Celebrating key moments that define our journey—each milestone marks progress, innovation, and success

1948
1959-60
1982
1991-93
2005
2008
2010
2013
2014
2015
2017
2018

1948 The Good Earth Company is founded, a pioneer in importing and selling tractors in India.

1959-60 Eicher Tractor Corporation of India Private Limited rolls out India’s first indigenously manufactured tractor from its Faridabad plant.

1982 Eicher Motors Limited forms a joint venture with Japan’s Mitsubishi Motors Corporation to manufacture India’s most modern and advanced light commercial vehicles.

1991-93 During a spate of acquisitions and new business ventures, Eicher acquires Ramon and Demm, manufacturers of transmission and differential gears. It also acquires Enfield India Limited, manufacturers of the iconic Bullet motorcycle, and rebrands it into Royal Enfield.

2005 Disinvested the businesses of tractors to TAFE Motors & Tractors Ltd. (TMTL)

2008 The Volvo Group and Eicher Motors come together in a 50-50 joint venture to establish VE Commercial Vehicles Limited. The partnership brings together global leadership in technology, quality safety and environmental care, along with deep knowledge and understanding of the Indian commercial vehicle market.

2010 Engine Business set up for Non-Automotive application.

2013 Production starts at India’s most advanced engine manufacturing plant at Pithampur, with supplies of Euro – 6 base engines being sent to the Volvo Group in Europe.

2014 Introduce new emission engine for Genset application.

2015 Launch new genset engines for 100/125kVA power output.

2017 Launch new genset engines for 160kVA power output. Developed and started exporting TIER 4 engines to Volvo Penta.

2018 Started development CEV IV/V engines for domestic market.