VECV sells over 100,000 commercial vehicles in FY26, achieving highest-ever annual sales
100,000+
47,789
26,867
What Happened
VECV reported total annual sales of over 100,000 vehicles for FY 2025-26, with Light & Medium Duty (LMD) trucks contributing 47,789 units (46.1%), Heavy Duty (HD) trucks accounting for 26,867 units (25.9%), and the bus segment contributing 19,363 units (18.7%). The achievement was driven by strong demand across segments and VECV's application-specific portfolio.
“Crossing the milestone of 1,00,000 vehicles in a year is a significant achievement for VECV and reflects the trust our customers have placed in our products and solutions. This milestone also fulfils a key part of the original vision set at the inception of the Volvo–Eicher joint venture, underscoring the strength and long-term strategic direction of our partnership.”
VECV operates 8 plants in India, including an Industry 4.0-enabled facility in Bhopal, and is building an Automated Manual Transmission (AMT) plant in Ujjain. The company also has a network of over 1,250 dealership and service touchpoints. It continues to focus on sustainable solutions and advanced emission technologies, aligned with India's low-carbon transition.
Why this matters
This milestone reflects the success of the Volvo-Eicher joint venture and VECV's strong growth in India's commercial vehicle market, driven by a broad product portfolio and manufacturing strength.
Terms in This Story
- BSVI
- Bharat Stage VI, India's stringent emission standard for vehicles.
- AMT
- Automated Manual Transmission, a type of transmission that automates clutch and gear shifts.
- Telematics
- Technology that combines telecommunications and informatics to monitor vehicle data.
- Industry 4.0
- The fourth industrial revolution, characterized by smart manufacturing and IoT.
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