February 25, 2021

VECV commences operations at new truck plant in Madhya Pradesh

NEW DELHI: VE Industrial Automobiles on Saturday mentioned it has commenced operations at its new truck manufacturing facility in Bagroda, Bhopal. The plant, which was inaugurated by Madhya Pradesh Chief Minister Shivraj Singh Chouhan, is the corporate’s eighth within the state, VECV mentioned in an announcement.

VECV is among the giant traders in Madhya Pradesh with an funding of greater than Rs 5,000 crore in its eight vegetation.

Aside from this, the corporate has attracted greater than 100 ancillary and different suppliers for supplying the components required in manufacture of vans.

In consequence, VECV has generated direct and oblique employment for over 30,000 folks together with suppliers and associates, it mentioned.

“Aside from assembly the home demand, this facility may also be used for catering to new export markets thus contributing to the imaginative and prescient of Aatmanirbhar Bharat in addition to Make in India initiatives by our dedication to Make in Madhya Pradesh,” VECV MD and CEO Vinod Aggarwal mentioned.