- Volvo Construction Equipment India
- Volvo CE India
- Volvo Group
- Dimitrov Krishnan
- Volvo EC210
- Shriram AutoMall
- SAMIL
- Kamel Sid
Volvo CE India launches made in India EC210 hydraulic excavator
- by MT Bureau
- June 19, 2024

Volvo Construction Equipment (Volvo CE India) has unveiled the new EC210, a 'Built for Bharat’ 20-tonne class hydraulic excavator.
The EC210 excavator has a range of features to ensure superior performance, exceptional fuel efficiency and lower maintenance.
Kamel Sid, (Global) Head of Operations at Volvo CE unveiled the new excavator in the presence of Dimitrov Krishnan, Managing Director, Volvo CE India and other senior leaders.
As part of the EC210 launch, Volvo CE has also introduced a new brand campaign, ‘Karo Zyada Ki Umeed’. This campaign, via its soul film, reflects the human mindset of expecting more, striving for excellence and pushing boundaries. It highlights the key value proposition of EC210 under the 4 pillars – Zyada Performance, Zyada Value, Zyada Savings and Zyada Uptime.
The all new EC210, a 20-tonne class crawler excavator is said to offer superior performance, versatility across applications, industry-leading safety and operator comfort, and ease of servicing.
It comes with best-in-class attachment configuration and next-generation positive control hydraulics system, offering unmatched precision and faster response time. It also comes with Made in India, T3 electronic engine which is capable to deliver high torque even at low RPM and is exceptionally fuel-efficient due to 10 working modes for different applications.
The do-it-all excavator offers high reliability and exceptional fuel efficiency at any of the light, medium or heavy-duty applications such as road building, rock breaking, general construction, waste management, quarries and sand mining among others. Additionally, the users get to book a service at their fingertips through its user-friendly mobile app and get a service assurance within 48 hours to maximise machine uptime.
Dimitrov Krishnan said, "As India embarks on its remarkable infrastructure growth journey driven by the government's vision and commitment, we foresee exponential demand for construction and mining equipment across sectors such as rail, road, ports, airports, and power projects. At Volvo CE, we are committed to lead this transformation by offering India-centric solutions through our latest technological innovations.”
“The all-new EC210 exemplifies our commitment and approach to deliver products that deliver ‘Zyada’ performance and reduced cost of ownership to the value-conscious Indian customer. With this product launch, we have also built a supporting ecosystem by widening our sales network, investing in digital technologies to enable 48-hours service assurance and strategically partnering with Shriram Automall for easy exchange or disposal of used machines, thus enabling circularity. " he added.
Alongside the EC210 launch, Volvo Construction Equipment (Volvo CE) has also partnered with Shriram AutoMall (SAMIL), India's largest 'phygital' marketplace for pre-owned vehicles and construction equipment. This collaboration aims to establish a robust ecosystem for machine exchange and disposal, serving customers interested in purchasing new Volvo machines by replacing their existing fleet.
This initiative aligns with Volvo's strategic ambition of promoting circularity in equipment lifecycle management, supporting sustainable practices for second-life and end-of-life disposal.
- Ashok Leyland
- Indian Bank
- Channel Finance
- M&HCV Dealers
Ashok Leyland Collaborates With Indian Bank To Provide Finance Facilities For M&HCV Channel Partners
- by MT Bureau
- April 07, 2025

Ashok Leyland, the Indian flagship of Hinduja Group and the country’s leading commercial vehicle manufacturer, signed a memorandum of understanding (MoU) with Indian Bank to provide finance facilities for its M&HCV dealers.
Through the cooperation, Ashok Leyland's M&HCV dealers will have easier access to finance solutions, enabling them to improve company operations and effectively manage their working capital. Dealers may grow their operations with ease thanks to Indian Bank's customised financing alternatives, which offer better liquidity, quicker loan approvals and competitive interest rates. This partnership underscores Ashok Leyland's dedication to empowering its dealer network and promoting sustainable growth in the commercial vehicle sector by guaranteeing increased financial flexibility.
C Neelakantan, Head of Treasury and Direct Taxation at Ashok Leyland, and Saurabh Dalmia, Head of Cash Management at Indian Bank, signed the MoU in the presence of Madhavi Deshmukh, National Sales Head of MHCV at Ashok Leyland, Ashutosh Choudhury, Executive Director, Roopali Singh, DGM-CMS Vertical, and Munash Dalal, AGM-CMS Vertical, who were representatives from Indian Bank.
Balaji K M, CFO, Ashok Leyland, said, “Ashok Leyland is delighted to partner with Indian Bank to offer customised finance solutions to our valued M&HCV dealers. With Indian Bank’s expansive network of 5,880 branches across India, we can cater to our dealers in every region. This strategic partnership will strengthen Ashok Leyland's market position. We remain committed to delivering exceptional experiences to our customers.”
Madhavi Deshmukh, National Sales Head – MHCV, Ashok Leyland, said, “The strategic collaboration with Indian Bank will deliver exceptional financing solutions to our valued dealers, extending our market reach and reinforcing our commitment to innovation and partner success. This partnership will provide tailored financing solutions designed to meet the unique requirements of our dealers. We remain dedicated to fostering long-lasting relationship with our dealer network.”
Ashutosh Choudhury, Executive Director, Indian Bank, said, “Indian Bank is pleased to partner with Ashok Leyland to provide their dealers seamless and tailored financing solutions. This collaboration reaffirms our commitment to supporting the diverse financial requirements of businesses in the commercial vehicle sector. With Indian Bank’s best-in-class processes, we are confident that more dealers will benefit from this partnership, enabling them to scale their operations and drive business growth.”
- Ashok Leyland
- Dost
- Bada Dost
- Saathi
- Partner
- MiTR
- Viplav Shah
Ashok Leyland Opens New LCV Dealership In Mirzapur
- by MT Bureau
- April 03, 2025

Ashok Leyland, a leading commercial vehicle manufacturer, has inaugurated its 22nd Light Commercial Vehicles (LCV) dealership in Uttar Pradesh. The new 3S facility located in Chunar, Mirzapur will further strengthen the company’s presence in North India.
The company’s LCV portfolio includes Saathi, Dost, Bada Dost, Partner and MiTR targeted for a wide range of customers and applications.
Viplav Shah, Head – LCV Business, Ashok Leyland, said, “Recognising immense potential of Uttar Pradesh as a key market for us, we are thrilled to strengthen our presence in the region. Our new dealership in Chunar (Mirzapur) would go a long way in reinforcing our presence in the state. The phenomenal success of our ‘Dost’, ‘Bada Dost,’ and the new ‘Saathi’ range underscores the robustness of our products - thanks to their best-in-class mileage, superior performance, and higher payloads. We take immense pride in our exceptional service retention levels, with nearly 70% of our customers returning to our dealer workshops even beyond the warranty period. This new dealership marks yet another milestone in our journey to provide the best possible experience to our valued customers.”
- Ashok Leyland
- Nagaland Rural Bank
- retail finance
- C Neelakantan
- Velayutham Sadhasivam
- Balaji K M
- Sanjeev Kumar
Ashok Leyland Partners Nagaland Rural Bank For Retail Finance
- by MT Bureau
- April 02, 2025

Ashok Leyland, one of the country’s leading commercial vehicle manufacturers, has signed a Memorandum of Understanding (MoU) with Nagaland Rural Bank for a strategic vehicle financing partnership. The partnership will see Ashok Leyland get access to customised financial solutions from Nagaland Rural Bank.
The MoU was signed by C Neelakantan, Head -Treasury and Direct Taxation, Ashok Leyland and Velayutham Sadhasivam, Chairman, Nagaland Rural Bank.
Balaji K M, CFO, Ashok Leyland, said, “At Ashok Leyland, we are dedicated to continuously enhancing customer experience and delivering greater value in our products and services. Nagaland Rural Bank is a regional rural bank with a strong presence in the state. With this partnership in place, our customers in the region will have access to comprehensive financing solutions with specially curated easy repayment plans”.
Sanjeev Kumar, President – MHCV, Ashok Leyland, said, “Ashok Leyland is looking forward to collaborating with Nagaland Rural Bank to offer our customers highly attractive financing solutions. This strategic partnership not only strengthens our market presence but also reinforces our commitment to innovation and customer success. With cutting-edge technology and industry-leading total cost of ownership, our products are designed to drive profitability and value for our customers. We remain steadfast in our commitment to deliver exceptional customer experience and build long lasting relationships.”
Velayutham Sadhasivam added, “Nagaland Rural Bank is delighted to collaborate with Ashok Leyland to provide seamless vehicle financing solutions. This partnership underscores our commitment to meeting the diverse financial needs of commercial vehicle customers across the state. We are confident that this alliance will help us expand our reach and offer customized financing options, fostering the growth of businesses in the commercial vehicle sector.”
- Eicher Trucks & Buses
- VE Commercial Vehicles
- Vinod Aggarwal
- alternative fuels
- Bhagwan K Bindiganavile
- SS Gill
- B Srinivas
- Ramesh Rajagopalan
- Vimal Mulchandani
- Volvo Buses
Eicher Trucks & Buses Host 2nd Women Transporters Delegation At Bhopal Plant
- by MT Bureau
- April 01, 2025

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles, has announced that it successfully hosted the second Woman Transporters Delegation at its Bhopal plant.
The event saw women leaders in the transport industry exchange ideas, share insights and explore new business opportunities. The discussion revolved around a wide range of topics such as digitisation, alternative fuels and intelligent mobility solutions that provide challenges and opportunities.
The women leaders were given an exclusive tour of Eicher’s Bhopal plant, an interactive session with VECV Executive Management and test drive experience.
Vinod Aggarwal, MD & CEO, VECV, said, “At Eicher Trucks and Buses, we firmly believe that inclusivity and diversity strengthen businesses and drives growth. Technology and digital solutions are transforming the industry, making businesses smarter and more efficient. While we are taking steps to improve diversity and inclusion internally through initiatives like an all-woman assembly line in Bhopal, we thank you for working with us to foster innovative approaches in the commercial vehicle industry."
Bhagwan K Bindiganavile, EVP, Strategic Planning, Brand & Communications, VECV, added, “The Indian CV industry is transforming rapidly, guided by Prime Minister Narendra Modi’s vision of Seven Cs for mobility solutions: Common, Connected, Convenient, Congestion-free, Charged, Clean and Cutting-edge. We appreciated the women leaders focus on balancing the new technologies making logistics more efficient with a people-first approach.”
SS Gill, Chief Commercial Officer, VECV; B Srinivas, COO, Eicher Trucks and Buses; Ramesh Rajagopalan, EVP, Customer Service, Retail Excellence and Network Development and Vimal Mulchandani, EVP- Manufacturing Operation, Eicher Trucks & Buses & Volvo Buses also engaged with the women transporters delegation.
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