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The greenfield factory will be established at Vikram Udyogpuri Integrated Industrial Township, near the historic city of Ujjain, Madhya Pradesh.
The new AMT facility will have an initial capacity to produce up to 40,000 units p.a. with production and local content to be gradually ramped up in line with Volvo Group’s global processes and quality standards.
VECV’s Pithampur factory has been the global manufacturing hub for Volvo Group’s 5 & 8 Liter (MDEP) engines since 2013.
Vinod Aggarwal, MD & CEO, VE Commercial Vehicles said, “As the Indian commercial vehicle industry moves towards higher capacity vehicles, Eicher truck customers and drivers will have access to Volvo Group’s globally leading AMT, which is proven to reduce driver fatigue and improve fuel economy, productivity and Uptime in demanding operations.”
VE Commercial Vehicles (VECV) is a joint venture between the Volvo Group and Eicher Motors. In operation since August 2008, the company produces and sells the complete range of Eicher branded trucks and buses in 40 countries, Volvo Buses India, exclusive distribution of Volvo Trucks in India, engine manufacturing and exports for Volvo Group, Eicher’s non-automotive engines and component business.
Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles.
The company’s consolidated net profit jumped 9.42% to Rs 1,205.22 crore in Q1 FY26 as against Rs 1,101.4 crore posted in Q1 FY25. Total revenue from operations rose 14.76% year on year to Rs 5,041.84 crore in the quarter ended 30 June 2025.
The scrip shed 0.59% to currently trade at Rs 6857.90 on the BSE.
Royal Enfield today announced its partnership with Flipkart - India's homegrown e-commerce marketplace. The partnership offers customers with flexible payment options that will make their purchase of a Royal Enfield motorcycle more convenient and accessible.
For the first time, Royal Enfield's entire 350cc portfolio will be available on an e-commerce platform, bringing its purpose-built, iconic motorcycles much closer to customers with just a click. Royal Enfield's 350cc range - the Bullet 350, Classic 350, Hunter 350, Goan Classic 350 and the new Meteor 350 will be available on Flipkart, starting 22 September 2025, in five cities - Bengaluru, Gurugram, Kolkata, Lucknow and Mumbai. The customer journey for delivery and after-sales support will be fulfilled by their preferred Royal Enfield authorised dealer in these cities.
Customers opting to purchase their favourite Royal Enfield 350cc motorcycle on Flipkart will also get full GST benefits, applicable from 22 September 2025.