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Greaves Cotton

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Greaves Cotton Ltd.
BSE501455
NSEGREAVESCOT
IndustryEngineering
Founded1859 Edit this on Wikidata
Headquarters,
Number of locations
Mumbai, Pune, Aurangabad, Chennai
Key people
Nagesh Basavanhalli
(Non Executive Vice Chairman)
ProductsEngines
Electric Vehicles
Farm Equipment
Spare Parts
Auxiliary Power

Greaves Cotton Ltd. is an Indian engineering company that manufactures engines and heavy equipment. It is traded on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).

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 produces 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]

References

  1. ^ a b "The Economic Times". economictimes.indiatimes.com. Retrieved 21 February 2017.
  2. ^ "Milestones". Greaves Cotton Ltd. Retrieved 13 July 2013.
  3. ^ "Ampere Vehicles & Greaves Cotton Parents Innovation". Ampere Electric Vehicles. 14 January 2020. Retrieved 29 January 2020.