Volvo-Eicher Commercial Vehicle (VECV) Factory Pithampur

According to Peter Karlsten, President, Volvo Powertrain, “A global manufacturing hub at VECV’s Pithampur plant is an excellent example of how the Volvo group can leverage it global presence to reduce costs for engine manufacture while making maximum use of its industrial strength. VECV already has a robust supply chain network and with this new development, VECV becomes integrated with the Volvo Group’s global supply chain.”

Leif Johansson, CEO, Volvo group, added, “With the medium-duty engine platform, the Volvo Group will now have an engine platform that combines the latest in Japanese technology with India’s highly competitive production cost. Asia is an increasingly important market for the Volvo Group, with excellent growth prospects and this investment means that we will have even better possibilities of developing products adapted for this part of the world, thereby allowing us to capitalize on this growth.  By gathering base engine production in India, it will be possible for us to meet the Group’s need for cost-efficient medium-duty engines in Asia, while also contributing to an increase in our competitiveness in the medium-duty segment in other markets.”