VE Commercial Vehicles (VECV) crossed the 100,000-unit annual sales milestone for the first time in FY26, marking its highest-ever yearly volumes, as strong demand across segments boosted growth.
The company, a joint venture between Volvo Group and Eicher Motors, reported sales of over 1 lakh commercial vehicles during the financial year, underpinned by robust performance in light and medium duty (LMD) trucks, heavy duty (HD) trucks and buses.
LMD trucks accounted for 47,789 units, contributing 46.1% to total volumes, followed by HD trucks at 26,867 units (25.9%) and buses at 19,363 units (18.7%).
The milestone reflects the company’s expanding product portfolio, focus on application-specific solutions, and emphasis on fuel efficiency and uptime, alongside a growing network and manufacturing footprint.
VECV said the achievement also aligns with the original vision of the Volvo–Eicher joint venture, established in 2008, to build a competitive and technology-led commercial vehicle business in India.
The company continues to invest in future-ready and sustainable mobility solutions, supported by initiatives such as connected vehicle platform Eicher Live and early adoption of BS-VI technologies.
With eight manufacturing facilities across India—including an Industry 4.0-enabled plant in Bhopal and an integrated hub at Pithampur—the company is further expanding capabilities with a new automated manual transmission (AMT) plant in Ujjain.
Backed by a network of over 1,250 touchpoints and a growing export presence, VECV said it remains focused on driving the next phase of growth through innovation, sustainability and deeper customer engagement.