VE Commercial Vehicles Ltd (VECV), a Joint Venture between Volvo Group and Eicher Motors has established of Joint Venture with iTriangle Infotech, a leading telematics solutions provider, to develop and deliver fleet management solutions for truck and bus customers operating in various applications.
Definitive agreements to form the joint venture, which will focus on the development of industry-leading telematics fleet management systems for VECV, operating on telematics hardware devices supplied to it by iTriangle.
Through this joint venture, VECV intends to further strengthen its innovative
and industry leading surround-service portfolio for Eicher truck and bus
customers to address the rapidly evolving people and logistics ecosystem
in India and select export markets.
Commenting on the JV, Vinod Aggarwal, MD and CEO VECV said “Eicher
took a lead to introduce 100% connectivity over five years ago. Since then,
all Eicher Trucks and Buses are monitored 24X7X365 at our industry
leading Uptime Center. Through the MyEicher App customers have
unlimited access to advanced fleet management systems. The JV with
iTriangle is a next step in this journey.”
Vadiraj Katti, CEO and Co-founder, iTriangle said, “As a company focused on
building advanced telematics and mobility solutions, our endeavor has always been to provide innovative offerings to our customers to make public and commercial transport safe and more productive."