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 Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange i ...

(BSE).

History

The company was founded in 1859 by James Greaves and George Cotton. It was incorporated in 1922 as a private limited company. Greaves Cotton was purchased by Lala

Karam Chand Thapar Karam Chand Thapar (1900–1962) was the founder of the Thapar Group of companies. He was originally from Punjab. He started his career in 1920 as a coal trader in Calcutta, and built up the family fortune through Karam Chand Thapar and Bros. ...

of the Thapar Group in 1947. It was converted into a public limited company in 1950.

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.

Achievements and Announcements

Greaves completes acquisition of Ampere Vehicles The company announced completion of the BSVI certification for its single cylinder diesel engine. Greaves and TVS partner for Service Support. Ampere acquires 74% stake in e-rickshaw company Bestway Greaves Cotton launches ‘Greaves Genius’ smart gensets Greaves Cotton opens first Ampere Electric dealership in Nepal Ampere Electric Launches Industry's 1st battery subscription plan starting 1990 in partnership with Autovert Technologies Ampere Electric Launches Vehicle Leasing Plans in Partnership with OTO Capital Greaves Cotton posts Q1FY21 consolidated revenue at 158.23 Crore Greaves Cotton launches OHV Petrol Pumpset with a one-year warranty Ampere Electric and Bounce, India's largest Rideshare Platform, partner to accelerate shared mobility on electric scooters Ampere Electric partners with EV mobility start-up eBikeGo for Performance Electric Scooters Nagesh Basavanhalli resumes charge as Group CEO & MD as Greaves Cotton Ltd restructures for agile growth Greaves Cotton Limited has reported consolidated revenues at 495 crore in Q3FY21 and EBIDTA at 49 crore in Q3FY21. This represents around 50% growth in revenue over the previous quarter. Ampere Electric Plans Investment of 700 crores for e-mobility manufacturing plant in Ranipet, signs MoU with Government of Tamil Nadu Greaves Cotton launches "Greaves Marine Pro" Outboard Marine engines at 9.9, 15 and 25 hp for fishing vessels Greaves Electric Mobility announces the launch of ‘AutoEVmart’, a multi-brand EV retail platform Greaves Electric Mobility acquired 100% stake in E-Rickshaw Company Bestway Greaves Electric Mobility completes acquisition of 26% stake in MLR Auto Ltd, strengthens its footprint in the electric 3-wheeler segment

References

External links

Business profile at indiacom.com
*Company history a
economictimes.com
{{coord missing, Maharashtra Manufacturing companies based in Mumbai Engineering companies of India Indian companies established in 1859 1859 establishments in British India Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange Indian companies established in 1922