Eicher Motors Limited has announced the sales volume for its unlisted subsidiary, VE Commercial Vehicles Limited (VECV), for the month of October 2026. VECV recorded a total sales volume of 10,861 units, representing a substantial year-on-year growth of 34.9% compared to October 2025. This strong performance was driven by increased sales across both domestic and export markets.
Eicher Motors Subsidiary Posts Strong Sales Growth
Eicher Motors Limited has officially released the sales figures for its subsidiary, VE Commercial Vehicles Limited (VECV), for the month of October 2026. The company reported a consolidated sales volume of 10,861 units, marking a significant increase of 34.9% compared to the 8,050 units sold in October 2025. This growth reflects the robust demand and market performance of VECV’s commercial vehicle offerings.
Domestic and Export Performance
The domestic sales for VECV in October 2026 stood at 9,676 units, an increase of 36.9% from 7,070 units in the previous year. This growth was primarily fueled by the performance of SCV/LMD Trucks (< 18.5T) which saw a 42.7% jump, and HD Trucks (≥18.5T) with a 44.9% increase. Despite a decline in LMD Bus sales by 1.9%, the overall domestic segment demonstrated considerable strength.
In the export segment, VECV achieved a total sales volume of 1,185 units, up 30.0% from 911 units in October 2025. The HD bus segment experienced a remarkable surge of 151.3%, while the HD truck segment also contributed positively with a 85.6% increase. The SCV/LMD export segment saw a decrease of 22.9%.
Year-to-Date Performance
For the year-to-date (YTD) period of 2026-27, VECV’s total sales volume reached 63,746 units, a growth of 23.6% over the 51,561 units sold in the corresponding period of 2025-26. The domestic market contributed 58,081 units (a 25.7% increase), while exports accounted for 5,665 units (a 6.9% increase). This sustained growth trajectory highlights VECV’s continued success in expanding its market presence.
Source: BSE
