1. Home
  2. >

Built to inform

Sign up for the daily newsletters

No, Thank you

VE Commercial Vehicles cuts prices

VE Commercial Vehicles, a joint venture between Eicher Motors and Swedish major Volvo, has slashed prices of its products by up to Rs2 lakh.

The cuts came after the announcement of a 4% reduction in CENVAT. Regular models would now be cheaper by Rs1.25 lakh and Rs2 lakh.

Prices on the Eicher trucks and buses has also been reduced by Rs16,000 to Rs37,000.

The decision of the government to reduce CENVAT and petroleum prices to boost demand for commercial vehicles has come as a relief to most industries.

Most Popular


Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore


Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

May 2020
11 May 2020