Greaves Cotton
Greaves Cotton Ltd. (GCL) is a leading diversified multi-product and multi-location engineering Company with a rich legacy and brand trust of over 163 years. The Company is a leading name in Fuel Agnostic Powertrain Solutions, E-Mobility, Aftermarket & Retail. Driven by customer centricity and sustainability, GCL is on a mission to redefine the sustainable, cleantech and green mobility ecosystem through transformative technologies by touching a billion lives by 2030. The Company recently announced the acquisition of Excel Controlinkage Pvt Ltd to unlock new avenues of growth and continue to build expertise in future cutting-edge technologies. GCL has a wide distribution network across India, with over 9000 dealers and service centres. GCL also has a global presence, with exports to over 25 countries. As a responsible corporate citizen, GCL is committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote environmental conservation.
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BSE: 501455 NSE: GREAVESCOT | |
Industry | Engineering |
Founded | 1859 ![]() |
Headquarters | Mumbai, Maharashtra, India , India |
Number of locations | Mumbai, Pune, Aurangabad, Chennai |
Key people | Nagesh Basavanhalli (Non Executive Vice-Chairman) |
Products | Engines Electric Vehicles Farm Equipment Spare Parts Auxiliary Power |
History
The company was founded in 1859 by James Greaves and George Cotton. It was incorporated in 1922 as a private limited company.[1] Greaves Cotton was purchased by Lala Karam Chand Thapar of the Thapar Group in 1947.[2] It was converted into a public limited company in 1950.[1]
Products
The company initially produced diesel, petrol, kerosene, gasoline engines, diesel pump sets, gensets and farm equipment.
Greaves Cotton completely owns the Coimbatore-based electric vehicle manufacturer, Ampere Electric Vehicles. The acquisition marked the entry in the ever-booming EV industry.[3]
Production of electric two-wheeler models Primus, Magnus EX and Reo Plus [4]
References
- "The Economic Times". economictimes.indiatimes.com. Retrieved 21 February 2017.
- "Milestones". Greaves Cotton Ltd. Retrieved 13 July 2013.
- "Ampere Vehicles & Greaves Cotton Parents Innovation". Ampere Electric Vehicles. 14 January 2020. Retrieved 29 January 2020.
- "Expansion in the Electric 2 Wheeler Sector". Ampere Electric Vehicles. 15 January 2023. Retrieved 15 January 2023.
External links
- Business profile at indiacom.com
- Company history at economictimes.com