Eicher Motors Ltd is gearing up to introduce multi-axle commercial vehicles and plans to consolidate its position in the heavy commercial vehicle (HCV) segment in the country. |
The company will launch its multi-axle 17-tonne payload Eicher Galaxy in the next one or two months and a bus on the same multi-axle platform. Eicher Motors will also foray into tippers and trailers by the end of the current year. |
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Last year, around 50,000 HCVs were sold in the country, of which Eicher Motors had a share of 3,000. |
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"The launch of Eicher Galaxy could be within a month or two. We have had several pilot tests already," said Rakesh Kalra, chief executive, Eicher Motors. |
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Kalra said the capacity of its Pithampur facility is steadily being increased. "It is a continuous process. Last fiscal year, we manufactured over 16,000 vehicles. Around 20,000 vehicles this year will be a realistic target." |
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He said with the Golden Quadrilateral project and the east-west corridor coming up, the primary transport will be dominated by the multi-axle segment of vehicles, but this will have a spill-over effect on other segments as well. |
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"This will in turn feed the secondary (within state) and tertiary (rural) transport segments, that will continue to be dominated by the LCV segment, where we have a share of 34 per cent in the country," said Kalra. |
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The Eicher Jumbo 20.16, the first HCV launched by Eicher Motors about a year ago, is doing well and will drive growth in the next few years, said G Sekar, general manager, marketing, Eicher Motors, said. |
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Kalra said the Jumbo has been well accepted by the transport industry and several companies including Patel Roadways, Reliance, Gati and Vijayanand Roadlines have bought the HCV from Eicher Motors. |
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"We have sold 3,000 vehicles of the Jumbo 20.16 in the past one year, which is a good number considering that it was launched in phases across the country," Sekar said. |
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Gujarat, he said, accounts for about 10 per cent of the total vehicles sold and is among the top five state in the country as far as the number of units sold. |
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