Eicher Motors board approves ₹750 crore investment for a 50% stake in Volvo Financial Services India NBFC.
The joint venture will serve as a captive financing arm for customers of Eicher, Volvo, and their JV VECV.
The transaction is subject to approval from the Reserve Bank of India (RBI) and is expected to close by December 2026.
VFS India had an AUM of ₹1,825 crore and a net worth of ₹492 crore as of March 2026.