Greaves Cotton Limited, a Rs. 1800 crore, multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel / petrol engines, gensets and construction equipment. The Company sustains its leadership through eleven manufacturing units which produce world class products backed by comprehensive marketing and service / parts network throughout the country.
Greaves Cotton Limited, established in 1859, is one of India's leading and well-diversified engineering companies. It manufactures a wide range of industrial products to meet the requirement of core sectors in India and abroad. The Company's core competencies are in Diesel / Petrol Engines, Gensets, Pumpsets and Construction Equipment.
The business operations of the Company are divided into various businesses strategically structured to ensure maximum focus on each business area and yet retain a unique synergy in the operations are-
In the recent years, Greaves has made rapid strides towards globalisation. The Company exports several of its products to various countries.
Greaves has 11 Manufacturing Units located all over India, two overseas offices in U.K. and China and one subsidiary company in Germany. The Company's manufacturing plants are equipped with state-of-the-art production facilities, backed by in house R&D.
An extensive sales and service network manned by highly skilled and dedicated workforce keeps Greaves in touch with its customers anytime, anywhere.
Greaves cotton recently entered into Long Term Supply Agreement with Atul Autos
Greaves Automotive Engines Business, part of Greaves Cotton Limited, one of India's leading engineering companies, has entered into a Long Term Supply Agreement with Atul Auto Limited for supply of diesel engines for their 3 wheeled diesel vehicles. The Agreement comes into force with immediate effect and is for a period of seven years. Currently, Greaves engines power Atul Smart, Atul Shakti and Atul Gem vehicles plying across the country.Greaves already have orders for Piaggio Ape three wheeler
Greaves Cotton Clinches Three-Wheeler Supply Deal With Mahindra,tata and piaggio
India's leading engineering company Greaves Cotton announced that it has inked a long-term pact with Mahindra for the supply of single cylinder engines for three-wheelers. In a filing to Bombay Stock Exchange, Greaves Cotton said that the agreement, which came into force with immediate effect was for five years.
What is more, the firm will be the single source supplier for Mahindra's full needs of three-wheeled vehicles. Mahindra sells three-wheelers in the commercial vehicles segment and has so far sold 50,648 units in April-January period of this fiscal, up 39 percent from the corresponding period in the previous fiscal.
It may be recalled that Greaves Cotton had earlier this month said it had won a ten year contract from Tata Motors as well for the supply of small diesel engines for half-tonne truck, Ace Zip that is likely to be rolled out in the first quarter of next fiscal. Besides that the company also supplies engines to a number of three-wheeler manufacturers.
It supplies engines to Piaggio for its mini truck Ape and Greaves Cotton had signed an eight contract with the Italian firm. Apart from that, it also caters to the diesel engine requirements of other players in this segment including Piaggio, Atul Auto and the Lucknow based Scooters India.
Keeping the company's pace with market and its long term client relation with India's reputed auto companies like Mahindra,Tata Motors,Piaggio,Atul Auto I strongly believe GREAVES COTTON is a multibagger investment bet at Rs.65 for next 5 years