Eicher Motors India growth rate 2017-2022
At the end of fiscal year 2019, the growth rate of Eicher Motors Limited in India was over nine percent. This was forecast to reach over eleven percent by the end of fiscal year 2022. Eicher Motors was one of the leading motorcycles and commercial vehicle manufacturers in India. Eicher Motors Limited has a joint venture with Sweden’s AB Volvo, called Volvo Eicher commercial vehicles (VECV), under which it produced trucks and buses in India.