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Eicher Motors

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Eicher Motors is a commercial vehicle manufacturer in India. The company's origins date back to 1948, when Goodearth Company was established for the distribution and service of imported tractors. In the year 1959, the Eicher Tractor Corporation of India Private Ltd was established, jointly with the
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The Eicher Group has diversified business interests in design and development, manufacturing, and local and international marketing of trucks, buses, motorcycles, automotive gears, and components. Eicher has invested in the potential growth areas of management consultancy services, customised
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for the manufacture of light commercial vehicles (LCVs) was signed in Tokyo and in the same period the incorporation of Eicher Motors Limited also took place. LCVs were sold under the "Eicher Mitsubishi" brand. In February 1990, Eicher Goodearth bought 26% stake in
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We struggle to understand the relationship between all the various predecessors of Eicher Motors. The language used creates opacity and the timeline is not clear. It is even hard to work out whether Eicher Motors is the eventual
683: 750: 535:'s formed a 50:50 joint venture called VE Commercial Vehicles (VECV) which designs, manufactures and markets commercial vehicles, engineering components and provides engineering design. 882: 3074: 725: 3039: 1322: 838: 1610: 3079: 934: 1430: 1435: 2507: 1297: 497:
tractor manufacturer. Since 1965, Eicher in India has been completely owned by Indian shareholders. The German Eicher tractor was partly owned by
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At present, Volvo Group owns 45.6% of VECV, while Eicher Motors holds the remaining 54.4%. In 2020, VECV bought
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Ltd and by 1993 Eicher acquired a majority stake (60% equity shareholding) in Royal Enfield India.
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from 1970, when they bought 30%. Massey Ferguson bought out the German company in 1973.
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called Eicher Polaris to make personal utility vehicles, starting with
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In 2005, Eicher Motors Ltd sold their tractors and engines business to
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and Eicher Motors Limited. VECV is divided into five business units:
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VE Commercial Vehicles (VECV) Limited is a joint venture between
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in 2015. This joint venture company ceased operations in 2018.
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Companies listed on the National Stock Exchange of India
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Indian multinational automobile manufacturing company
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Vehicle manufacturing companies established in 1948
3016: 519:In October 1982, a collaboration agreement with 531:In July 2008, Eicher Motors Limited (EML) and 410:, a manufacturer of middleweight motorcycles. 3080:Companies listed on the Bombay Stock Exchange 2724: 1684: 928: 839:"Eicher Motors ends JV with US-based Polaris" 2731: 2717: 1691: 1677: 935: 921: 708: 706: 704: 34: 604:engineering, and maps and travel guides. 468:Learn how and when to remove this message 1720: 587: 537: 479: 744:"Annual and Sustainability Report 2016" 701: 3017: 803: 677: 675: 673: 2712: 1672: 916: 681: 508:(Tractors and Farm Equipment Ltd) of 3045:Indian companies established in 1948 804:Mishra, Lalatendu (13 August 2020). 417: 1313:Tata Hitachi Construction Machinery 749:. Volvo. p. 74. Archived from 670: 19:For the German Eicher company, see 13: 3030:Motor vehicle engine manufacturers 1486:Honda Motorcycle and Scooter India 583: 14: 3096: 3060:Motorcycle manufacturers of India 897: 568:In 2012, Eicher Motors started a 2740: 1700: 1653: 1652: 944: 776:"Investor Presentation May 2022" 682:Kumar, Shivendra (11 May 2024). 422: 306: 305: 283: 282: 260: 259: 237: 236: 214: 213: 1007:Armoured Vehicles Nigam Limited 3085:Tractor manufacturers of India 875: 857: 831: 797: 768: 736: 718: 355:VE Commercial Vehicles (54.4%) 1: 3055:Engine manufacturers of India 663: 621:Eicher Engineering Components 316:(US$ 2.2 billion) (2024) 293:(US$ 2.8 billion) (2024) 270:(US$ 480 million) (FY24) 247:(US$ 520 million) (FY24) 224:(US$ 2.0 billion) (FY24) 3035:Truck manufacturers of India 3025:Companies based in New Delhi 951:Automotive industry in India 865:"VE Commercial Vehicles Ltd" 7: 2483:L&T Technology Services 1595:TACO Faurecia Design Center 1525:Škoda Auto Volkswagen India 634: 442:. The specific problem is: 121:; 76 years ago 10: 3101: 484:An Eicher multi-axle lorry 413: 18: 2754: 2528:Mazagon Dock Shipbuilders 1994: 1951:Tata Consultancy Services 1729: 1711: 1644: 1603: 1587: 1444: 1371: 1331: 1290: 1281: 1216: 989: 980: 957: 658:Royal Enfield Motorcycles 512:, the Indian licensee of 362: 341: 331: 320: 297: 274: 251: 228: 209: 188: 164: 154: 143: 133: 115: 105: 91: 52: 42: 33: 2086:Godrej Consumer Products 1476:Fiat Chrysler/Jeep India 1208:Ultraviolette Automotive 1017:Vehicle Factory Jabalpur 1569:Suzuki Motorcycle India 1120:Mahindra & Mahindra 1056:Triumph Motorcycles Ltd 615:Eicher Trucks and Buses 2518:Max Financial Services 2141:Jio Financial Services 2011:Adani Energy Solutions 1956:Tata Consumer Products 1404:Motherson Sumi Systems 1323:VE Commercial Vehicles 1142:Mahindra Truck and Bus 1022:Ordnance Factory Medak 1012:Heavy Vehicles Factory 600: 572:with American company 550: 485: 2298:Balkrishna Industries 2176:Samvardhana Motherson 1125:Mahindra Two Wheelers 1049:Husqvarna Motorcycles 713:"BalSheet 31.03.2024" 643:Eicher multix polaris 591: 578:Eicher Polaris Multix 557:India operations for 548:municipal solid waste 541: 483: 381:Eicher Motors Limited 173:S Sandilya (chairman) 29:Eicher Motors Limited 2263:Aditya Birla Fashion 1552:Renault Nissan India 1344:General Motors India 1159:Omega Seiki Mobility 629:Royal Enfield Motors 450:improve this section 438:to meet Knowledge's 2899:Kotak Mahindra Bank 2653:Tata Communications 2593:Piramal Enterprises 2493:LIC Housing Finance 2423:Hindustan Petroleum 2313:Bank of Maharashtra 1706:NIFTY 200 companies 1466:Mercedes-Benz India 1431:TVS SriChakra Tyres 962:Automotive industry 398:, headquartered in 396:commercial vehicles 333:Number of employees 196:Commercial vehicles 180:(managing director) 30: 2749:companies of India 2633:Supreme Industries 2603:Poonawalla Fincorp 2583:Persistent Systems 2468:Jubilant FoodWorks 2378:Dixon Technologies 2241:Zydus Lifesciences 2016:Adani Green Energy 1515:Isuzu Motors India 1510:India Yamaha Motor 1436:ZF Electronics TVS 1196:Norton Motorcycles 1174:Tara International 972:Transport in India 843:The Times of India 730:The Economic Times 688:The Economic Times 618:Volvo Trucks India 601: 596:being used by the 574:Polaris Industries 551: 486: 390:that manufactures 388:automotive company 337:4,899 (March 2020) 28: 3012: 3011: 2759:Adani Enterprises 2706: 2705: 2698:Zee Entertainment 2658:Tata Technologies 2478:KPIT Technologies 2458:Ipca Laboratories 2413:Godrej Properties 2403:Fortis Healthcare 2253: 2252: 2249: 2248: 2061:Colgate-Palmolive 1741:Adani Enterprises 1666: 1665: 1424:Rane Engine Valve 1367: 1366: 1354:Mahindra Navistar 1277: 1276: 1137:Mahindra Tractors 640:Eicher DragonHook 598:Bangladesh Police 478: 477: 470: 440:quality standards 431:This section may 378: 377: 3092: 2994:UltraTech Cement 2769:Apollo Hospitals 2745: 2744: 2733: 2726: 2719: 2710: 2709: 2668:Tube Investments 2608:Prestige Estates 2473:Kalyan Jewellers 2448:Indraprastha Gas 2293:Aurobindo Pharma 2106:ICICI Prudential 1811:Dr. Reddy's Labs 1781:Bharat Petroleum 1751:Apollo Hospitals 1727: 1726: 1718: 1717: 1705: 1704: 1693: 1686: 1679: 1670: 1669: 1656: 1655: 1545:Volkswagen India 1491:Honda Cars India 1359:Mahindra Renault 1288: 1287: 1224:Asia Motor Works 1149:Okinawa Autotech 987: 986: 967:Economy of India 949: 948: 937: 930: 923: 914: 913: 909: 908: 906:Official website 891: 890: 879: 873: 872: 861: 855: 854: 852: 850: 835: 829: 828: 826: 824: 801: 795: 794: 792: 790: 780: 772: 766: 765: 763: 761: 755: 748: 740: 734: 733: 722: 716: 710: 699: 698: 696: 694: 679: 473: 466: 462: 459: 453: 426: 425: 418: 402:. Eicher is the 374: 371: 369: 315: 313: 309: 308: 302: 292: 290: 286: 285: 279: 269: 267: 263: 262: 246: 244: 240: 239: 231:Operating income 223: 221: 217: 216: 181: 129: 127: 122: 101: 38: 31: 27: 3100: 3099: 3095: 3094: 3093: 3091: 3090: 3089: 3015: 3014: 3013: 3008: 2750: 2739: 2737: 2707: 2702: 2573:Patanjali Foods 2568:Page Industries 2508:M&M Finance 2433:IDFC First Bank 2383:Dr Lal PathLabs 2318:Bharat Dynamics 2245: 2226:Varun Beverages 1997: 1990: 1941:Shriram Finance 1732: 1722: 1713: 1707: 1699: 1697: 1667: 1662: 1649: 1640: 1599: 1583: 1448: 1446: 1440: 1363: 1327: 1283: 1273: 1212: 982: 976: 953: 943: 941: 904: 903: 900: 895: 894: 881: 880: 876: 863: 862: 858: 848: 846: 845:. 12 March 2018 837: 836: 832: 822: 820: 802: 798: 788: 786: 778: 774: 773: 769: 759: 757: 753: 746: 742: 741: 737: 724: 723: 719: 711: 702: 692: 690: 680: 671: 666: 653:Eicher Tractors 637: 586: 584:Group structure 514:Massey Ferguson 499:Massey Ferguson 474: 463: 457: 454: 447: 427: 423: 416: 366: 358: 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1577: 1575: 1574:Maruti Suzuki 1572: 1570: 1567: 1563: 1562:Renault India 1560: 1558: 1555: 1554: 1553: 1550: 1546: 1543: 1541: 1538: 1536: 1535:Porsche India 1533: 1531: 1528: 1527: 1526: 1523: 1521: 1518: 1516: 1513: 1511: 1508: 1504: 1501: 1500: 1499: 1498:Hyundai India 1496: 1492: 1489: 1487: 1484: 1483: 1482: 1479: 1477: 1474: 1472: 1471:Citroën India 1469: 1467: 1464: 1462: 1459: 1457: 1454: 1453: 1451: 1445:Subsidiaries 1443: 1437: 1434: 1432: 1429: 1425: 1422: 1421: 1420: 1417: 1415: 1412: 1410: 1407: 1405: 1402: 1400: 1397: 1395: 1392: 1390: 1387: 1385: 1382: 1380: 1377: 1376: 1374: 1370: 1360: 1357: 1355: 1352: 1350: 1347: 1345: 1342: 1340: 1337: 1336: 1334: 1330: 1324: 1321: 1319: 1316: 1314: 1311: 1309: 1306: 1304: 1301: 1299: 1296: 1295: 1293: 1289: 1286: 1284:manufacturers 1280: 1270: 1267: 1265: 1262: 1260: 1257: 1255: 1252: 1250: 1247: 1245: 1242: 1240: 1237: 1235: 1232: 1230: 1227: 1225: 1222: 1221: 1219: 1215: 1209: 1206: 1202: 1199: 1197: 1194: 1193: 1192: 1189: 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590: 581: 579: 575: 571: 570:joint venture 566: 564: 560: 556: 549: 546:transporting 545: 544:garbage truck 540: 536: 534: 529: 527: 526:Enfield India 522: 517: 515: 511: 507: 506:TAFE Tractors 502: 500: 496: 492: 482: 472: 469: 461: 458:February 2023 451: 446: 441: 437: 436: 429: 420: 419: 411: 409: 408:Royal Enfield 405: 401: 397: 393: 389: 386: 385:multinational 383:is an Indian 382: 373: 365: 361: 354: 352: 351:Royal Enfield 349: 348: 346: 344: 340: 336: 330: 326: 323: 319: 304: 301: 296: 281: 278: 273: 258: 255: 250: 235: 232: 227: 212: 208: 202: 199: 197: 194: 193: 191: 187: 179: 175: 172: 171: 169: 163: 159: 153: 149: 146: 142: 139: 136: 132: 118: 114: 111: 108: 104: 100: 96: 94: 90: 83: 80: 78: 74: 71: 69: 65: 62: 61: 59: 56: 51: 48: 45: 41: 37: 32: 26: 22: 2833: 2774:Asian Paints 2598:Policybazaar 2588:Petronet LNG 2453:Indus Towers 2408:GMR Airports 2398:Federal Bank 2323:Bharat Forge 2303:Bandhan Bank 2273:Apollo Tyres 2186:Shree Cement 2136:Jindal Steel 1815: 1756:Asian Paints 1636:SUN Mobility 1631:NHA of India 1579:Toyota India 1557:Nissan India 1384:Apollo Tyres 1269:Swaraj Mazda 1201:BMW Motorrad 1154:Ola Electric 1095:HOP Electric 1062: 1029:Ather Energy 997:Ajanta Group 886: 877: 868: 859: 847:. 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Index

Eicher tractor

Public
Traded as
BSE
505200
NSE
EICHERMOT
NSE NIFTY 50
ISIN
INE066A01013
Automotive
Vikram Lal
New Delhi
Siddhartha Lal
Commercial vehicles
Motorcycle
Operating income
Net income
Total assets
Total equity
Siddhartha Lal
Subsidiaries
Royal Enfield
www.eicher.in
multinational
automotive company
motorcycles
commercial vehicles
New Delhi

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