Partnership to drive digital solutions in CV industry
VE Commercial Vehicles Ltd (VECV), a Joint Venture between Volvo Group and Eicher Motors has established a Joint Venture with iTriangle Infotech, a leading telematics solutions provider, to develop and deliver fleet management solutions for truck and bus customers operating in various applications. Definitive agreements to form the JV have been signed and the JV will focus on development of industry-leading telematics fleet management systems for VECV, operating on telematics hardware devices supplied to it by iTriangle.
Through this joint venture, VECV intends to further strengthen its innovative and industry leading surround-service portfolio for Eicher truck and bus customers to address the rapidly evolving people and logistics ecosystem in India and select export markets.
Commenting on the JV, Vinod Aggarwal, MD & CEO, VECV said “Eicher took a lead to introduce 100% connectivity over five years ago. Since then, all Eicher Trucks and Buses are monitored 24X7X365 at our industry leading Uptime Center. Through the MyEicher App customers have unlimited access to advanced fleet management systems. The JV with iTriangle is a next step in this journey.”
Vadiraj Katti, CEO & Co-founder, iTriangle said, “As a company focused on building advanced telematics and mobility solutions, our endeavor has always been to provide innovative offerings to our customers to make public and commercial transport safe and more productive. VECV has been a pioneer in India to drive digitalization and technology in the transport sector and we are extremely excited to partner with them to develop and offer advanced Fleet Management Solutions to the industry.”
