Greaves Cotton

Greaves Cotton Ltd.
Industry Engineering
Headquarters 3rd Floor, Motilal Oswal Tower
Junction of Gokhale & Sayani Road
Prabhadevi, Mumbai - 400 025, India
Number of locations
 Mumbai, Pune, Aurangabad, Chennai
Key people
 Nagesh Basavanhalli
(MD and CEO)
Vinay Khanolkar
(CEO - Engine Business)
Products Engines, Farm Equipment, Spare Parts, Auxiliary Power and Construction Equipment (International)
Revenue ₹16.19 billion (US$250 million) (2016)[1]
₹1.74 billion (US$27 million) (2016)[1]
₹0.84 billion (US$13 million) (2016)[1]
Total assets ₹11.78 billion (US$180 million) (2016)[1]
Total equity ₹8.6 billion (US$130 million) (2016)[1]
Website www.greavescotton.com

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. [2] Greaves Cotton was purchased by Lala Karam Chand Thapar of the Thapar Group in 1947.[3] It was converted into a public limited company in 1950.[2]

Products

The company produces diesel, petrol, kerosene, gasoline engines, diesel pump sets, gensets, farm equipment, and construction equipment. In 2013, the company announced that it would be selling road construction equipment, including stationary concrete pumps, and roadside drills.[4][5]

References

  1. 1 2 3 4 5 http://www.greavescotton.com/Upload/Investor/greaves_ufr_mar312016.pdf
  2. 1 2 "The Economic Times". economictimes.indiatimes.com. Retrieved 2017-02-21.
  3. ↑ "Milestones". Greaves Cotton Ltd. Retrieved 13 July 2013.
  4. ↑ "Greaves to sell road construction machines". The Hindu BusinessLine. 6 July 2013. Retrieved 13 July 2013.
  5. ↑ Dilip Kumar Jha (13 July 2013). "Greaves Cotton launches high capacity pumps". Business Standard. Retrieved 13 July 2013.

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