VE Commercial Vehicles has commenced commercial operations at its new, state-of-the-art truck manufacturing unit at Bagroda, Bhopal, Madhya Pradesh.
This is the eighth manufacturing facility of VECV in the state of Madhya Pradesh and has been set up with Industry 4.0 standards.
Chief Minister of Madhya Pradesh Shivraj Singh Chouhan inaugurated the new manufacturing facility and flagged off the new trucks rolled out from this plant.
With this plant, a number of ancillary units are expected to come to Bagroda and this holds a very bright future for development of this area as well as for creation of employment opportunities for local people.
VECV is one of the largest investors in the state with investment of more than Rs 5,000 crore in its eight plants. VECV has generated direct and indirect employment for over 30,000 people, including suppliers and associates.
With VECV’s vision to modernise commercial transportation, the plant has been set up based on world-class manufacturing technology with connected machines following IoT methodology and Industry 4.0 standards.
In Phase-I, the plant will have the capacity for manufacture of 40,000 trucks.