India-UK economic partnership enters new phase with JETCO upgrade

IANS | October 9, 2025 1:36 PM

Mumbai, Oct 9 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday announced the signing of the 'Terms of Reference' to reposition the Joint Economic and Trade Committee (JETCO) during the UK Prime Minister Keir Starmer’s visit to India.

VE Commercial Vehicles to invest Rs 544 crore to boost manufacturing in India

IANS | October 9, 2025 10:51 AM

New Delhi, Oct 9 (IANS) VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, on Thursday announced an investment of Rs 544 crore (about 576 million Swedish Krona) to set up a new factory for the production and final assembly of Volvo Group’s advanced 12-speed Automated Manual Transmission (AMT) systems.