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50 50  
51 51  VE Commercial Vehicles Limited (VECV) is a joint venture between Eicher Motors Limited and the Volvo Group. In operation since July 2008, the company includes the complete range of Eicher branded trucks and buses, VE Powertrain, Eicher’s components and engineering design services businesses, the sales and distribution business of Volvo Trucks as well as aftermarket support to Volvo Buses in India. VECV vision is to be recognized as the industry leader driving modernization in commercial transportation in India and the developing world.
52 52  
53 -The first Eicher truck was rolled out from its manufacturing plant at Pithampur, Madhya Pradesh in 1986, and after completing 33 years of operations in June 2019, the products have got endorsement from happy customers of over 7,41,786 vehicles.{{footnote}}http://www.vecv.in/company{{/footnote}}
53 +The first Eicher truck was rolled out from its manufacturing plant at Pithampur, Madhya Pradesh in 1986, and after completing 33 years of operations in June 2019, the products have got endorsement from happy customers of over 7,41,786 vehicles.
54 54  
55 +[[http:~~/~~/www.vecv.in/company>>url:http://www.vecv.in/company]]
56 +
55 55  Eicher is a leading player in 4.9T – 16T segment with Eicher Pro 1000, Pro 2000 & Pro 3000 series of LMD trucks specifically designed to deliver a breakthrough trucking experience in India. Eicher’s 12-69 seater buses have a growing presence in the LMD school bus, staff and route-permit segments. ETB has also made strong inroads into heavy-duty trucks segment of 16T - 55T with Pro 5000, Pro 6000 & Pro 8000 series of HD Trucks.
56 56  
57 -== Eicher Pro ==
58 58  
60 +Eicher Pro
61 +
62 +
59 59  On December 2, 2013, Eicher unveiled its “Eicher Pro” series of future generation trucks and buses at an impressive product reveal function in Pithampur. Adopting the most professional and holistic approach to modernize the Indian trucking industry, the brand’s new “Go Pro” philosophy offers higher productivity, profitability, and prosperity to the customers. The new Pro series promises to deliver:
60 60  
61 -* Best-in-class fuel efficiency
62 -* Higher loading capacity
63 -* Superior uptime
64 -* Higher overall vehicle lifetime profitably
65 65  
66 -== Volvo Trucks ==
66 +.
67 67  
68 +Best-in-class fuel efficiency
69 +
70 +Higher loading capacity
71 +
72 +Superior uptime
73 +
74 +Higher overall vehicle lifetime profitably
75 +
76 +
77 +Volvo Trucks
78 +
68 68  Volvo Trucks provides complete transport solutions for professional and demanding customers, offering a full range of medium to heavy duty trucks. Volvo Trucks started its operation in India in year 1998. Over last 21 years, through its high-technology innovative products and services solutions, Eicher Motors has been driving progress in Indian market. Volvo Trucks in India is known for providing premium transport solutions to its customers with technologically advanced trucks supported by its highly competent and committed team of professionals. Volvo´s work is based on the core values quality, safety and environmental care.
69 69  
70 -== Engine Manufacturing ==
71 71  
82 +Engine Manufacturing
83 +
72 72  Commemorating the successful completion of 10 years of partnership, VECV announced the commencement of commercial production at the technologically most advanced engine manufacturing plant in India at Pithampur, Madhya Pradesh. The initial capacity of the plant was set at 25,000 units per annum in Phase 1 at an investment of Rs 375 crores, and the current capacity stands at 75,000 units which is scalable to 100,000 with additional investments.
73 73  
74 -* Global hub for meeting medium-duty automotive engine requirements of Volvo Group for five and eight-liter engines
75 -* The Euro 6-compliant diesel base engines will be supplied to Volvo Group plant in Venissieux, France, where they will be assembled for the Volvo Group Euro 6 requirements
76 -* The same platform has been adapted to Euro 3 to Euro 5 engine to cater Volvo Group requirements globally and BS4 engine to meet VECV requirement, further BSVI development is also completed to cater new emission norms in India.
86 +.
77 77  
78 -== Eicher Engineering Components ==
88 +Global hub for meeting medium-duty automotive engine requirements of Volvo Group for five and eight-liter engines
79 79  
90 +The Euro 6-compliant diesel base engines will be supplied to Volvo Group plant in Venissieux, France, where they will be assembled for the Volvo Group Euro 6 requirements
91 +
92 +The same platform has been adapted to Euro 3 to Euro 5 engine to cater Volvo Group requirements globally and BS4 engine to meet VECV requirement, further BSVI development is also completed to cater new emission norms in India.
93 +
94 +
95 +Eicher Engineering Components
96 +
97 +
80 80  To tap the potential in the fast growing auto components and engineering sector and to cater the demands of the driveline and associated components of the globe, EEC has emerged as a paragon in gear manufacturing capabilities. World class facilities, offering high precision gearing solutions, Units were setup at Dewas (Madhya Pradesh), Pithampur (Madhya Pradesh) and in Thane (Maharashtra). The company has achieved excellence in manufacturing Power-train components and Gearbox assemblies for a worldwide clientele in the OEM and Aftermarket realm. In recent years, the group has continually invested in innovation, technology and expansion. As a result, the units continue to expand their capacities and efficiency, while adhering to their core principal of quality and manufacturing excellence.
81 81  
82 -* Off-road, Mining Equipments and Material handling industries
83 -* Gained to design, engineer and manufacture complex gearing systems produced at the facilities having one of the finest machining capabilities and technology
84 -* Equipped with the Gleason, Leibherr and Lorenz cutting technology
85 -* Highest tonnage capacity of Heat treatment channelized through SQF, Nitriding or CGCF, Shot Peening, Shot Blasting and cream of the crop Swiss technology based Grinding capabilities purveys increased productivity and finishing.
86 -* Fortified Inspection capabilities and quality systems maintains the harmonious standards of quality.
87 87  
88 -== Non-Automotive Engines ==
101 +Off-road, Mining Equipments and Material handling industries
89 89  
103 +Gained to design, engineer and manufacture complex gearing systems produced at the facilities having one of the finest machining capabilities and technology
104 +
105 +Equipped with the Gleason, Leibherr and Lorenz cutting technology
106 +
107 +Highest tonnage capacity of Heat treatment channelized through SQF, Nitriding or CGCF, Shot Peening, Shot Blasting and cream of the crop Swiss technology based Grinding capabilities purveys increased productivity and finishing.
108 +
109 +Fortified Inspection capabilities and quality systems maintains the harmonious standards of quality.
110 +
111 +
112 +Non-Automotive Engines
113 +
114 +
90 90  VE Commercial Vehicles Limited designs and manufactures Eicher’s automotive & non-automotive engines with best-in-class technology. The engines come with better design and enhanced aesthetic value, and are known for their high reliability, consistent quality, and high-fuel efficiency. The Engines and Gensets are also exported to regions like Middle East, Africa & SAARC Nations.
91 91  
92 -* Remarkable Fuel Economy with Unmatched Engine Protections
93 -* 10%-15% over most of the other Engines
94 -* Low maintenance cost and longer service intervals
95 -* Robust, high-reliability engines with in-built oil cooler for continuous operations
96 -* Construction Equipment, Material Handling, Marine, Agro and Pumping
97 -* Superior Accessibility of all Service points
98 -* Availability of Spare Parts across the country
99 -* Quick Starting & smooth running
100 -* Excellent Block Loading Capacity
101 -* Excellent & unmatched fuel Efficiency
102 -* Longer Product Life Cycle
103 103  
104 -= Plants =
118 +Remarkable Fuel Economy with Unmatched Engine Protections
105 105  
106 -The company's industrial base includes an integrated Commercial Vehicle factory in Pithampur, producing Eicher trucks and a bus plant at Baggad. The organization also has manufacturing capabilities in Thane, Dewas and SEZ Pithampur, dedicated to manufacturing of transmission and differential gear boxes and gear box assemblies.{{footnote}}http://www.vecv.in/manufacturing-competence{{/footnote}}
120 +10%-15% over most of the other Engines
107 107  
108 -== Pithampur Plant ==
122 +Low maintenance cost and longer service intervals
109 109  
124 +Robust, high-reliability engines with in-built oil cooler for continuous operations
125 +
126 +Construction Equipment, Material Handling, Marine, Agro and Pumping
127 +
128 +Superior Accessibility of all Service points
129 +
130 +Availability of Spare Parts across the country
131 +
132 +Quick Starting & smooth running
133 +
134 +Excellent Block Loading Capacity
135 +
136 +Excellent & unmatched fuel Efficiency
137 +
138 +Longer Product Life Cycle
139 +
140 +
141 +Plants
142 +
143 +The company's industrial base includes an integrated Commercial Vehicle factory in Pithampur, producing Eicher trucks and a bus plant at Baggad. The organization also has manufacturing capabilities in Thane, Dewas and SEZ Pithampur, dedicated to manufacturing of transmission and differential gear boxes and gear box assemblies.
144 +
145 +[[http:~~/~~/www.vecv.in/manufacturing-competence>>url:http://www.vecv.in/manufacturing-competence]]
146 +
147 +
148 +Pithampur Plant
149 +
150 +PITHAMPUR PLANT
151 +
110 110  ETB completed 33 years of operations in India in the month of June 2019. The first Eicher truck was rolled out from its manufacturing plant in Pithampur, Madhya Pradesh in 1986 and over the past years, the products have got endorsement from happy customers of over 7,41,786 vehicles.. Eicher unveiled its entire new range of future generation trucks and buses at an impressive product reveal function in Pithampur on December 2, 2013. As a part of the product development process, the organization has a fully equipped vehicle and engine development center with fatigue lab, complete virtual vehicle integration capability, different simulations, in-house competence for electrics and electronics integration, a complete bus structure and interior trim design capabilities.
111 111  
112 -* Fully integrated facility encompassing manufacturing operations, product development, purchase, supply chain and other support functions.
113 -* Spread over 82 acres of land with current installed capacity of 84,000 vehicles per annum.
114 -* Highly flexible, lean, and agile environment delivering high quality trucks.
115 -* Produces 1000 vehicles per acres.
116 -* Robotic Weld Shop
117 -* State-of-the- art new generation Paint Shop with e-Rodip Technology and
118 -* Modern Assembly Shop inline with VECV vision of driving modernization
119 119  
120 -== Dewas Plant ==
155 +.
121 121  
157 +Fully integrated facility encompassing manufacturing operations, product development, purchase, supply chain and other support functions.
158 +
159 +Spread over 82 acres of land with current installed capacity of 84,000 vehicles per annum.
160 +
161 +Highly flexible, lean, and agile environment delivering high quality trucks.
162 +
163 +Produces 1000 vehicles per acres.
164 +
165 +Robotic Weld Shop
166 +
167 +State-of-the- art new generation Paint Shop with e-Rodip Technology and
168 +
169 +Modern Assembly Shop inline with VECV vision of driving modernization
170 +
171 +
172 +Dewas Plant
173 +
122 122  The plant in Dewas, Madhya Pradesh is a center of manufacturing excellence and houses some of the technologically most advanced machines and equipment. The advanced technology available at this plant ensures that the transmission gears and shafts manufactured here are of the highest quality.
123 123  
124 -* A battery of CNC Hobbing & Shaving Machines
125 -* Shaping Machines
126 -* Reishauer Gear Grinder RZ400
127 -* Gleason CWP Cutting Machines
128 -* Gleason Conifex Machines for Straight Bevel Gear
129 -* Robotic welding facilities for main body and under body welding
130 -* State-of-the-art Continuous Gas Carburizing Furnace (from Aichelin) - fully PLC controlled with robotics for Press Quenching and PLC Controlled Sealed Quench Furnaces (with hot oil quenching for reduced distortions)
131 -* Shaving Cutter Re-sharpening machine from Gleason Hurth
132 132  
133 -== Thane Plant ==
177 +.
134 134  
179 +A battery of CNC Hobbing & Shaving Machines
180 +
181 +Shaping Machines
182 +
183 +Reishauer Gear Grinder RZ400
184 +
185 +Gleason CWP Cutting Machines
186 +
187 +Gleason Conifex Machines for Straight Bevel Gear
188 +
189 +Robotic welding facilities for main body and under body welding
190 +
191 +State-of-the-art Continuous Gas Carburizing Furnace (from Aichelin) - fully PLC controlled with robotics for Press Quenching and PLC Controlled Sealed Quench Furnaces (with hot oil quenching for reduced distortions)
192 +
193 +Shaving Cutter Re-sharpening machine from Gleason Hurth
194 +
195 +
196 +Thane Plant
197 +
135 135  The manufacturing set up in Thane houses progressive machines, and continues to expand its capacity and efficiency while adhering to the VECV’s core principle of delivering best-in-class quality standards.
136 136  
137 -* Gleason CWP Cutting Machines
138 -* Gleason Conifex Machines for Straight Bevel Gear
139 -* Pfauter
140 -* Liebherr
141 -* Mitsubishi (CNC) and Cleveland Hobbing machines
142 -* Robotic welding facilities for main body and under body welding
143 -* State-of-the-art heat treatment facilities
144 -* CNC bore and Cylindrical grinding machines
200 +.
145 145  
146 -== Baggad Bus Plant ==
202 +Gleason CWP Cutting Machines
147 147  
204 +Gleason Conifex Machines for Straight Bevel Gear
205 +
206 +Pfauter
207 +
208 +Liebherr
209 +
210 +Mitsubishi (CNC) and Cleveland Hobbing machines
211 +
212 +Robotic welding facilities for main body and under body welding
213 +
214 +State-of-the-art heat treatment facilities
215 +
216 +CNC bore and Cylindrical grinding machines
217 +
218 +
219 +Baggad Bus Plant
220 +
221 +
148 148  To capitalize on the opportunity of improved road infrastructure and growth of smart cities, an ultra-modern bus body manufacturing facility was set up at Baggad (Madhya Pradesh) in September 2013. The multi-model plant which manufactures Light, Medium and Heavy duty buses in Diesel and CNG also in alternate fuel (EV’s). The plant has a current installed capacity of 15,600 per annum, expandable to 19,200 per annum.
149 149  
150 -* Produces Light, Medium and Heavy duty buses in Diesel and CNG also in alternate fuel (EV’s)
151 -* Spread over a huge expanse of 43 acres.
152 -* First of its kind across the globe which equipped with a high quality robotic paint system with wet on wet PU painting from single robot.
153 -* Use fire-retardant material to avoid any mishap
154 -* First bus plant in India which has received a Platinum Certificate from Indian Green Building Council (IGBC)
155 -* Supply customized buses to Gujarat State Road Transport Corporation (GSRTC), Punjab Roadways, Navi Mumbai Transport, Bihar Urban Infrastructure Development Corporation Ltd (BUIDCO).
156 156  
157 -= Financial Highlights =
225 +.
158 158  
227 +Produces Light, Medium and Heavy duty buses in Diesel and CNG also in alternate fuel (EV’s)
228 +
229 +Spread over a huge expanse of 43 acres.
230 +
231 +First of its kind across the globe which equipped with a high quality robotic paint system with wet on wet PU painting from single robot.
232 +
233 +Use fire-retardant material to avoid any mishap
234 +
235 +First bus plant in India which has received a Platinum Certificate from Indian Green Building Council (IGBC)
236 +
237 +Supply customized buses to Gujarat State Road Transport Corporation (GSRTC), Punjab Roadways, Navi Mumbai Transport, Bihar Urban Infrastructure Development Corporation Ltd (BUIDCO).
238 +
239 +
240 +Financial Highlights
241 +
159 159  For the quarter ended 31 December 2019, Eicher Motors’s total revenue from operations was at Rs. 2,371 crores, up by 1% as compared to Rs. 2,341 crores in the corresponding quarter of FY 2018-19; EBITDA was Rs. 592 crores, down 13% as compared to Rs. 680 crores in the same quarter of the previous financial year; Profit After Tax was Rs. 499 crores as compared to Rs. 533 crores during the same period last year. Royal Enfield sold 189,143 motorcycles in the quarter, a decline of 2% from 193,164 motorcycles sold over the same period in the last financial year.
160 160  
161 161  [[https:~~/~~/www.eicher.in/uploads/1580992177_press-release-3Q-FY2019-20.pdf>>url:https://www.eicher.in/uploads/1580992177_press-release-3Q-FY2019-20.pdf]]
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