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MOTORINDIA
l
March 2012
Eicher bus plant near Indore to
be operational by early 2013
VE Commercial Vehicles Ltd., the
Volvo-Eicher JV, held the ground-
breaking ceremony for the upcom-
ing Eicher bus manufacturing plant
at Dhar near Indore. Being set up
with an investment of Rs. 125 crores
in the first phase, the plant will com-
mence production by the second
quarter of 2013. It will have a capac-
ity to produce 10,000 buses when
fully operational.
Apart from senior VECV execu-
tives, the occasion was also graced
by the VECV Board members, in-
cluding Mr. Siddhartha Lal, Mr.
Bertil Thoren, Mr. Philippe Divry,
Mr. Prateek Jalan and Mr. Raul Rai.
Addressing the gathering, Mr.
Siddhartha Lal, Managing Director,
VE Commercial Vehicles Ltd., said:
“The Indian bus market is likely to
cross 100,000 units by 2015 and de-
mand for more contemporary, com-
fortable buses is on the rise. With
this plant, VECV is planning a new
range of buses which would be con-
temporary on technology, aesthet-
ics and finish serving the customer
needs both in the expanding domes-
vehicle zone
Mr. Siddhartha Lal, Managing Director, VE Commercial Vehicles Ltd.
With this plant, VECV is planning a
new range of buses which would be
contemporary on technology, aes-
thetics and finish serving the cus-
tomer needs both in the expanding
domestic and export markets”
– Mr. Siddhartha Lal