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VE Commercial Vehicles
3.9
based on 3.7k Reviews
Video summary
Company Overview
Company Locations
Working at VE Commercial Vehicles
Company Summary
VE Commercial Vehicles, a joint venture between Volvo and Eicher, focuses on advancing commercial transportation with a commitment to technology, safety, and environmental sustainability.
Overall Rating
3.9/5
based on 3.7k reviews
On-Par with
industry average
Highly rated for
Job security, Skill development
Critically rated for
Promotions
Work Policy
Work from office
85% employees reported
Monday to Friday
58% employees reported
Flexible timing
51% employees reported
No travel
37% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
232 employees reported
Health insurance
192 employees reported
Office cab/shuttle
119 employees reported
Free meal
94 employees reported
View all benefits
About VE Commercial Vehicles
Founded in2008 (17 yrs old)
India Employee Count5k-10k
Global Employee Count10k-50k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
--
Websitevecv.in
Primary Industry
Other Industries
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View in video summary
VE Commercial Vehicles Limited is a joint venture between the Volvo Group (Volvo) and Eicher Motors Limited (EML), headquartered at New Delhi since July 2008. It is a partnership that brings together global leadership in technology, quality, safety, and environmental care, and aims at driving modernization in the commercial transportation, both in India as well as other developing markets.The first Eicher truck was rolled out from its manufacturing plant at Pithampur, Madhya Pradesh in 1986, and after completing 33 years of operations in June 2019, the products have got endorsement from happy customers of over 7,41,786 vehicle
Mission: VECV aims to continuously improve transportation efficiency in India and developing markets, thereby reducing logistics costs for goods and people – leading to higher enablement of specialization in manufacturing, agriculture and services, thereby increasing the nation's economic activity and productivity.
We choose to do this in a sustainable manner by having the safest, most durable and efficient products in the market.We care for our customers holistically by offering not just trucks and buses, but also the best services and soft products which enable them to achieve maximum profits.We work with the driver community to enhance their productivity and overall working environmentWe ensure a level of quality and innovation that will continue to set standards in the commercial transportation industry.We work with professionalism, passion, and the greatest respect for all individuals.
We choose to do this in a sustainable manner by having the safest, most durable and efficient products in the market;
We care for our customers holistically by offering not just trucks and buses, but also the best service and soft products to enable him to be most profitable;
We work with the driver community to enhance their productivity and overall working environment;
We ensure a level of quality and innovation that will continue to set standards in the commercial transportation industry;
We work with professionalism, passion and the greatest respect for all individuals.
Vision: To be recognized as the industry leader driving modernization in commercial transportation in India and the developing world.
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VE Commercial Vehicles Ratings
based on 3.7k reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
1.6k
4
1.1k
3
545
2
195
1
229
Category Ratings
4.1
Job security
3.8
Skill development
3.7
Company culture
3.7
Work-life balance
3.6
Work satisfaction
3.4
Salary
3.2
Promotions
VE Commercial Vehicles is rated 3.9 out of 5 stars on AmbitionBox, based on 3.7k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at VE Commercial Vehicles
based on 3.5k reviews
3.7
Rated by 171 Women
Rated 4.1 for Job security and 3.7 for Skill development
3.9
Rated by 3.4k Men
Rated 4.1 for Job security and 3.9 for Skill development
Work Policy at VE Commercial Vehicles
based on 460 reviews in last 6 months
Work from office
85%
Hybrid
11%
Permanent work from home
4%
VE Commercial Vehicles Reviews
Top mentions in VE Commercial Vehicles Reviews
+ 5 more
Compare VE Commercial Vehicles with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 3.7k reviews | 4.1/5 based on 13.2k reviews | 4.1/5 based on 5k reviews | 4.1/5 based on 8k reviews |
Highly Rated for | Job security Skill development | Job security Skill development Work-life balance | Skill development Work-life balance Job security | Job security Salary Skill development |
Critically Rated for | Promotions |  No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 85% employees reported | Work from office 72% employees reported | Work from office 79% employees reported | Work from office 71% employees reported |
Rating by Women Employees | 3.7 Good rated by 171 women | 4.1 Good rated by 1.4k women | 4.0 Good rated by 206 women | 3.9 Good rated by 504 women |
Rating by Men Employees | 3.9 Good rated by 3.4k men | 4.1 Good rated by 10.7k men | 4.1 Good rated by 4.4k men | 4.2 Good rated by 6.6k men |
Job security | 4.1 Good | 4.1 Good | 3.8 Good | 4.3 Good |
View more
VE Commercial Vehicles Salaries
VE Commercial Vehicles salaries have received with an average score of 3.4 out of 5 by 3.7k employees.
Junior Manager
(1.6k salaries)
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₹3.1 L/yr - ₹7.1 L/yr
Deputy Manager
(1.4k salaries)
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₹9 L/yr - ₹15.5 L/yr
Channel Sales Manager
(239 salaries)
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₹8 L/yr - ₹13.4 L/yr
Service Engineer
(224 salaries)
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₹2.4 L/yr - ₹6.5 L/yr
Design Engineer
(189 salaries)
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₹2.2 L/yr - ₹6.1 L/yr
Channel Service Manager
(177 salaries)
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₹5.1 L/yr - ₹11 L/yr
Quality Inspector
(141 salaries)
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₹1.3 L/yr - ₹3.6 L/yr
Quality Engineer
(135 salaries)
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₹1.4 L/yr - ₹4 L/yr
Senior Engineer
(119 salaries)
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₹2.6 L/yr - ₹6.4 L/yr
Junior Manager 2
(98 salaries)
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₹3.5 L/yr - ₹7.5 L/yr
VE Commercial Vehicles Interview Questions
VE Commercial Vehicles Jobs
Popular Designations VE Commercial Vehicles Hires for
Works Manager
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Assistant Manager
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Warranty Incharge
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Embedded Firmware Developer
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Sales
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Popular Skills VE Commercial Vehicles Hires for
VE Commercial Vehicles News
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Eicher Motors stock up 4% following 9% rise in Q1 profit, leads gainers of Nifty 50
- Eicher Motors reported a 9% increase in Q1 profit to ₹1,205.22 crore compared to the same period last year.
- Total revenue from operations rose by 14.7% to ₹5,041.84 crore in Q1 FY26.
- Royal Enfield saw a 15% growth in motorcycle sales, while VECV recorded a 10% increase in sales.
- Despite the positive Q1 results, brokerages have mixed outlooks on Eicher Motors stock, with target price revisions and varied ratings.
HinduBusinessLine | 1 Aug, 2025
India boosts e-truck adoption with ₹9.6-lakh incentive
- India has introduced a scheme to promote e-truck adoption by offering ₹9.6-lakh incentives with a national cap of 5,600 e-trucks.
- To qualify for the incentives, buyers must provide a scrappage certificate for an old internal combustion engine (ICE) truck and ensure the old truck has an equal or higher Gross Vehicle Weight (GVW) than the new e-truck.
- The scheme, part of the PM E-DRIVE initiative, aims to drive sustainable freight mobility and aligns with India's net-zero emissions goal by 2070. Steel Authority of India Limited (SAIL) has already committed to procuring 150 e-trucks.
- Leading OEMs like Volvo Eicher, Tata Motors, and Ashok Leyland are manufacturing e-trucks in India. The PM E-DRIVE scheme, with a total outlay of ₹10,900 crore, will run from October 1, 2024, to March 31, 2026, with ₹500 crore specifically allocated for e-trucks.
HinduBusinessLine | 11 Jul, 2025
India’s Auto Exports To US Safe From Tariffs But Component Trade Faces Headwinds: VECV CEO
- India's auto exports to the US are expected to remain safe from tariffs, according to Vinod Aggarwal, CEO of Volvo Eicher Commercial Vehicles.
- The recent 25% tariffs imposed by US President Trump are unlikely to significantly affect India's automobile sector, but there may be challenges in the component trade.
- VECV, a joint venture between Volvo Group and Eicher Motors, has been operational since 2008, focusing on trucks and buses.
- India's overall impact might be cushioned as these tariffs are not only targeted at India but also affect imports from other countries like China, Canada, and Mexico.
- Aggarwal anticipates some impact on India's economy but believes it will not be significant due to strong domestic consumption.
- In fiscal 2026, Aggarwal is confident in the continued strength of the bus segment, citing growth in state transport undertakings and demand from schools and staffing sectors.
- He highlights a marginal growth in the commercial vehicle industry in FY25, with a drop in sales of heavy-duty trucks but a rise in demand for higher tonnage trucks.
- Despite a decrease in unit numbers, the actual freight movement may be higher, attributed to migration towards higher tonnage trucks.
- Aggarwal foresees growth in the bus segment driven by demand from schools, staffing, and state transport undertakings, indicating a positive outlook for fiscal 2026.
- Demand from various segments like schools, staffing, and intercity travel is expected to keep the bus segment strong according to Aggarwal.
Bloomberg Quint | 8 Apr, 2025
Meydhavi G elevated to global human resources director, Schneider Electric
- Schneider Electric has elevated Meydhavi G to the role of global human resources director.
- She had been serving as senior GM-HR leader, HR transformation, mergers & acquisitions at the global industrial technology company since 2022.
- Meydhavi has a strong professional background, previously working at Tata Sons, Honeywell, Baxter India, Ve Commercial Vehicles, and Signify.
- Her knowledge of strategic HR domains and excellent time-management and communication skills will be an asset to Schneider Electric.
HRKatha | 3 Apr, 2025
Truck sales register single-digit growth in March, raising hopes of market recovery
- Truck sales in March showed single-digit growth, raising hopes for market recovery.
- Factors such as increased fleet utilization, financial support, and infrastructure projects are expected to drive continued demand growth.
- Tata Motors recorded a 6% YoY growth in sales of intermediate, light, and medium commercial vehicles, while Ashok Leyland reported a 9% increase in M&HCV truck sales.
- VE Commercial Vehicles saw a 6.3% increase in domestic sales and expects continued support for the CV industry.
HinduBusinessLine | 1 Apr, 2025
Cityflo expands fleet with 100 custom-built Eicher buses to enhance commute efficiency
- Mumbai-based daily commute service Cityflo is adding 100 custom-built buses to its fleet.
- The buses, developed in partnership with Volvo Eicher Commercial Vehicles (VECV), aim to enhance service agility, reduce travel times, and enable faster route expansion.
- The new 27-seater fleet allows for faster occupancy rates, enabling Cityflo to launch and sustain more routes across the city at an accelerated pace.
- Cityflo plans to deploy 500 buses across five metro cities by 2026, reducing traffic congestion and carbon emissions.
ISN | 24 Mar, 2025
February Auto Sales Preview: Tata Motors, Hero MotoCorp Likely Key Losers As Weak Demand Hurts
- Auto companies are expected to report weak sales for February due to subdued demand from consumers staying away from showrooms.
- Analysts predict Hero MotoCorp and Tata Motors to have the weakest sales numbers, while M&M, Eicher Motors, and TVS are expected to show growth.
- Rural markets outperform urban areas in 2-wheelers, with TVS seeing strong export sales and Eicher Motors focusing on sales growth over margins.
- Passenger vehicle sales show stagnation, with M&M outperforming other carmakers and Tata Motors facing a sales decline.
- Commercial vehicle sales remain slow, with negative growth for Ashok Leyland and Tata Motors, while financiers opt for selective financing.
- Tractor demand remains steady, with M&M expecting a growth of around 15% in the ongoing quarter.
- Overall, the auto industry faces challenges with weak demand impacting various segments, but some companies like M&M and VECV show resilience.
- Industry experts are optimistic about a potential pickup in demand in the coming months, particularly in rural areas.
- The article highlights different trends across two-wheelers, passenger vehicles, commercial vehicles, and tractors, providing insights into the current market scenario.
- Despite challenges, the article suggests that certain companies are strategically adapting to maintain growth in the competitive auto industry.
Bloomberg Quint | 28 Feb, 2025
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VE Commercial Vehicles FAQs
When was VE Commercial Vehicles founded?
VE Commercial Vehicles was founded in 2008. The company has been operating for 17 years primarily in the Automobile sector.
Where is the VE Commercial Vehicles headquarters located?
VE Commercial Vehicles is headquartered in Gurgaon/Gurugram, Haryana.
How many employees does VE Commercial Vehicles have in India?
VE Commercial Vehicles currently has more than 5,400+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in VE Commercial Vehicles based on the number of reviews submitted on AmbitionBox.
Does VE Commercial Vehicles have good work-life balance?
VE Commercial Vehicles has a Work-Life Balance Rating of 3.7 out of 5 based on 3,600+ employee reviews on AmbitionBox. 73% employees rated VE Commercial Vehicles 4 or above, while 27% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read VE Commercial Vehicles work-life balance reviews for more details.
Is VE Commercial Vehicles good for career growth?
Career growth at VE Commercial Vehicles is rated as moderate, with a promotions and appraisal rating of 3.2. 27% employees rated VE Commercial Vehicles 3 or below, while 73% employees rated it 4 or above on promotions / appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading VE Commercial Vehicles promotions / appraisals reviews for more detailed insights.
What are the pros and cons of working in VE Commercial Vehicles?
Working at VE Commercial Vehicles comes with several advantages and disadvantages. It is highly rated for job security and skill development. However, it is poorly rated for promotions / appraisal, salary & benefits and work satisfaction, based on 3,600+ employee reviews on AmbitionBox.
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