Mumbai, Oct. 9 -- The greenfield factory will be established at Vikram Udyogpuri Integrated Industrial Township, near the historic city of Ujjain, Madhya Pradesh.

The new AMT facility will have an initial capacity to produce up to 40,000 units p.a. with production and local content to be gradually ramped up in line with Volvo Group's global processes and quality standards.

VECV's Pithampur factory has been the global manufacturing hub for Volvo Group's 5 & 8 Liter (MDEP) engines since 2013.

Vinod Aggarwal, MD & CEO, VE Commercial Vehicles said, "As the Indian commercial vehicle industry moves towards higher capacity vehicles, Eicher truck customers and drivers will have access to Volvo Group's globally leading AMT, which is proven to r...