VE Commercial Vehicles (VECV) commenced the commercial operations at its new, state-of-the-art truck manufacturing unit at Bagroda, Bhopal. This is the eighth manufacturing facility of VECV in Madhya Pradesh and has been set up with Industry 4.0 standards. Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh, inaugurated the new manufacturing facility and flagged off the new trucks rolled out from this plant.

With the setting up of this plant at Bagroda industrial area, Bhopal, VECV becomes the pioneer company in development of a new industrial estate at Bagroda. With this plant, a number of ancillary units are expected to come to Bagroda and this holds a very bright future for the development of this area as well as for creation of employment opportunities for the local people.

With VECV’s vision to modernise the commercial transportation, this plant has been set up based on world-class manufacturing technology with connected machines following IoT methodology and Industry 4.0 standards.  In the first phase, the plant will have the capacity to manufacture 40,000 trucks.

Commenting on the occasion, Rajvardhan Singh Dattigaon, Industry Policy and Investment Promotion Minister, Madhya Pradesh, said that with around Rs 55-billion of investment till now, VECV has become a brand ambassador for the MP region.
Speaking on the occasion, the Chief Minister said, “I am very delighted to see the dream that we had seen two years ago, to get fulfilled in front of my eyes. It is an honour to be inaugurating VECV’s Bhopal plant along with the Industry Minister today. Furthering the PM’s vision for an Atmanirbhar Bharat, we prepared a roadmap to achieve the same in Madhya Pradesh and framed it within a timeline, upon which we are moving with a quick pace.”

Speaking on the inauguration, Vinod Aggarwal, MD & CEO, VECV said, “It’s a very proud moment for us today when we commence commercial operations at our new plant.  This is a testament to our commitment to the state of Madhya Pradesh with eight plants in the state now. We are extremely happy with the industry-friendly policies, as well as the very peaceful industrial atmosphere of the state.”

He further added, “Apart from meeting the domestic demand, this facility will also be used for catering to new export markets thus contributing to the vision of Atmanirbhar Bharat as well as Make in India initiatives by our commitment to Make in Madhya Pradesh.”