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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Amazon Now to deploy 1,000 Eicher electric trucks
2026-05-18 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Amazon India on Monday said it plans to deploy around 1,000 Volvo Eicher electric trucks to support its quick commerce service Amazon Now's operations across the country by 2028 with 50 of them already in operations.

In daily operations, these trucks are expected to cover 100-180 km and support multiple trips between facilities, with a fast-charging time of around 50 minutes, the company said.

These vehicles will move goods between Amazon's fulfilment hubs, typically located in the outskirts of the city and Amazon Now micro-fulfilment centres located closer to customers.

The fleet will be deployed across key cities starting with Delhi-NCR, Bengaluru and Mumbai.

The announcement comes on the back of Amazon recently rolling out is plan to expand Amazon Now to 100 cities cross India and scale up its network to more than 1,000 micro-fulfillment centers (MFCs).

Last calendar year, Amazon deployed over 100 electric trucks with multiple automakers across cities such as Delhi-NCR, Hyderabad, Mumbai, and Kolkata' as part of its broader efforts to decarbonize transportation while improving speed and operational efficiency.

Amazon Now delivers thousands of everyday essentials, from groceries and personal care items to electronic accessories and festive supplies, within minutes.

"The deployment of Eicher Pro X electric trucks marks a significant step forward in our commitment to sustainable mobility. What makes this even more meaningful is that the electric small truck from Eicher has been co-created in close collaboration with Amazon, with a sharp focus on addressing their specific operational needs for e-commerce and quick commerce operations," said SS Gill, Chief Commercial Officer, VECV.

Published on May 18, 2026