Jaya Hind Industries was awarded for its Supplier Performance by Volvo
Eicher Commercial Vehicles (VECV) for outstanding support to the Volvo
Eicher JV. The plaque was handed over by MD and COO, Mr. Anil Agarwal, at
the VECV Supplier Conference on 26th April 2018 in Indore. The conference
was attended by more than 350 vendors and 1000 delegates from top Indian and
global auto component vendors.
VECV, the joint venture between Volvo and Eicher, holds major market share in the light-to-medium duty (LMD) trucks segment in India. To break through the competitive commercial vehicle market, VECV turned to Jaya Hind to manufacture precision aluminum pressure die casting parts for its newly launched Pro series vehicles. Jaya Hind successfully handled the ambitious volume and supplied engine and gear box parts ready for assembly to VECV's Pithampur plant.
The new VECV vehicles have been received well in the commercial vehicle segment, doubling demand in one year for Pro-series vehicles. JHI rose to the challenge once again, ramping up production and helping VECV bag 32% market share in LMD vehicle range. Aided by JHI's engineering and production capabilities, Volvo Eicher has consistently increased market share in Medium and Heavy Duty trucks over the past three years.
This award reaffirms Jaya Hind's supply and quality standards, as it prepares to increase supplies to meet VECV's target growth of 10% for this year.