Eicher My.docx

Company profile

Eicher commercial vehicles manufacturer range of commercial vehicles with GVW of 5 to 11 tons. It has been out performing the industry for past 6 years the sales growth in its lcv segment has been higher than that of the industry. In technical and financial collaboration with Mitsubishi motors corporation of Japan, email started manufacturing the canter range of vehicles in 1986 and it's plant at Pithampur in Central India.the plant is a state of the art facilities with integrated capacity around 20000 vehicles for annum.

Basic information Company name: VE commercial vehicles limited (a Volvo group and Eicher motors joint

venture

Business type : manufacturer Eicher sells : gear, gearbox, transmission, agricultural gearbox, planetary gearbox, axle, PTO gearbox, worm gearbox, forgings, gear cutters. Real establish : 1971 Main markets : 1. 2. 3. 4. 5.

Southeast Asia South America Eastern Asia Africa North America

Total annual sales : more than 100 million US dollar Management certification : ISO 900: 2008 ISO/TS 16949 Contract manufacturing : OEM service offered, Design service offered

Overview VE commercial vehicle limited is 50-50 joint venture between the Volvo group and Eicher motors limited.it is a partnership that brings together global leadership in technology, quality, safety, and environmental care, along with the deep understanding of Indian commercial vehicle market. VE commercial vehicle limited of it inception to the compelling intent of driving modernization in commercial transport, in India and other developing markets.

Key facts VE commercial vehicle limited is a joint joint venture between Volvo group and Eicher motors limited and its headquarters is situated in New Delhi. This joint venture came into effect in July 2008. VECV is leading full range commercial vehicle player in India. ETB completed 25 years of operation in India in the month of July 2011.the first Eicher truck was rolled out from its manufacturing plant in Pithampur Madhya Pradesh in 1986 and over the past 25 years the product has been endorsement from happy customers of over 3 lakh vehicles. December 2007 : shining of letter of intent of intent. December 2010 : launch of VE series of Eicher HD truck.

Mission and vision

Vision To be recognised as the industry leader driving modernization in commercial transport in India and developing world.

Mission VECV aims to continuously improve transportation efficiency in India and developing markets, thereby reducing logistics cost for goods and people leading to higher enablement of specialisation in manufacturing agriculture and services, thereby increasing the nation economy activity and productivity. We choose to do this in sustainable manner by having the safest most durable and efficient product in the market. We care of our customer holistically by offering not just trucks and buses but also the best service and soft product to enable him to the most profitable. We also offer the insurance which is needed for the customer after buying their vehicle. We work with the driver community to enhance their productivity and overall working environment. We ensure a level of quality and innovation that will continue to set standards in the commercial transportation industry.

Going forward VECV AIIMS to emerge as an industry leader in driving modernization in commercial vehicle transportation in India and the developing world by bringing the improvements in transportation efficiencies. will strengthen each of its product brands as leader in their respective segment through innovation product and expansion of its existing network spanning the geographical expanse of the country.

Company description VE commercial vehicle limited owes its inception to the compelling intent of driving modernization in commercial transportation, in India and other developing markets. As a 50/50 joint venture between Volvo group and Eicher motor limited VE commercial vehicles incorporates unique ability to be able to do so. The organisation brings together global leadership in technology along with deep knowledge and experience of Indian commercial vehicle market. As a company VEVC includes the complete range of Eicher commercial vehicles components and engineering design business as well as the sales and distribution of Volvo truck. Does each of its business units is already well established and backed by sizable customer base. VEVC portfolio of commercial vehicle includes two product brands with absolutely different market positions yet complimenting segment synergies. Eicher truck and buses have wide offering of mass market, pwhile Volvo trucks command a strong presence in the premium high performance heavy duty segments etc. with the format-table presence in the existing light and medium duty segment, VEVC main focus is on increasing the penetration and market share of its heavy duty product.