Eicher Motors’ joint venture (JV) – VE Commercial Vehicles, will reportedly invest Rs 500 crore to make trucks that comply with the latest emission norms after India skipped a stage in the chronologically progressive set of standards monitoring automobile pollution. Car- and truck-makers selling in India have less than four years to transition from BS-IV to BS-VI norms.
The JV has already invested Rs 400 crore on upgrades related to BS IV compliance and the development of other products. It is India’s fourth-biggest maker of heavy-duty trucks.
Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana. VE Commercial Vehicles is a JV between Volvo AB and Eicher Motors.