Volvo Financial Services (VFS) and Eicher Motors Limited have announced their intent to form a 50:50 joint venture to provide financing, leasing and other financial services for customers of Volvo and Eicher-branded commercial vehicles in the Indian market. Pending regulatory approval, the JV will be created through VFS India issuing new shares to Eicher in […]
Royal Enfield is set to strengthen its manufacturing footprint in India with plans to establish a new greenfield production facility in Tada, Tirupati district of Andhra Pradesh, as the company prepares for its next phase of growth amid rising demand and increasing capacity utilisation. The mid-size motorcycle maker plans to invest approximately ₹2,500 crore in […]