This investment by VECV — a joint venture between Volvo Group & Eicher Motors — will enable the company to produce base engines capable of meeting Euro 6 emission norms, VECV Managing Director & CEO Siddhartha Lal told reporters here. The expanded facility will act as a global manufacturing hub for Volvo group’s requirements. This investment will allow Volvo to generate major portion of its medium-duty engine production from VECV’s plant in Pithampur.
Presently VECV is producing about 40,000 engines per annum at Pithampur plant and the new investment will boost the production to 85,000 engine per annum, Lal said. The Pithampur plant with its expanded capacity would start producing medium-duty engines for domestic requirements from the middle of 2012 and from 2013 for overseas requirements, Lal said.