Business Standard

Volvo-Eicher looks to make most of post-pandemic recovery in bus market

Aims to disrupt intercity segment with fully-built luxury coaches

VEVC President Akash Passey (left) with Vinod Aggarwal, Managing Director, and CEO, VECV (right).
Premium

kash Passey, President Bus Division, VECV (left) with Vinod Aggarwal, Managing Director, and CEO, VECV (right).

Shally Seth Mohile Mumbai
Two years after Volvo Eicher Commercial Vehicles (VECV) acquired the bus business from Volvo Buses and merged it with itself, VECV claims to have one of the strongest line-up across the segment from school bus and ambulance to intercity luxury coaches. It is well poised to benefit from the recovery underway in the segment in the post pandemic world, say company officials. VECV acquired the bus business for Rs 100 crore in 2020.

“The integration has resulted in lot of synergies and helped us to leverage the technology from Volvo, strengthen our product line up and made our customers a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in