On February 1, 2026, at 2:40 PM IST, Eicher Motors reported a 24.9% year-on-year rise in VE Commercial Vehicles (VECV) sales for January 2026. Strong demand across trucks and buses, coupled with export growth, drove the performance. Analysts see this as a positive signal for India’s commercial vehicle sector.
Eicher Motors Ltd. has kicked off 2026 on a strong note, announcing that its VE Commercial Vehicles (VECV) division recorded a 24.9% jump in total sales in January 2026 compared to the same month last year. The robust growth highlights rising demand in both domestic and international markets.
Key Highlights:
Sales performance: VECV reported a 24.9% year-on-year increase, underscoring momentum in India’s commercial vehicle industry.
Domestic demand: Infrastructure expansion, logistics growth, and fleet replacement cycles contributed to higher truck and bus sales.
Exports: Overseas markets also showed resilience, with VECV continuing to strengthen its footprint in South Asia, Africa, and the Middle East.
Industry context: The surge comes amid broader optimism in India’s auto sector, where commercial vehicles are seen as a barometer of economic activity.
Market impact: Shares of Eicher Motors traded positively following the announcement, reflecting investor confidence in sustained growth.
Outlook:
Analysts expect VECV’s momentum to continue, supported by government infrastructure spending, rising freight demand, and expansion into new export territories. The January performance sets a strong tone for the company’s growth trajectory in 2026.
Sources: Business Standard, Mint Auto, Economic Times Markets, Reuters India