Greaves Cotton Limited (GCL), established in 1859, has evolved into a prominent player in designing and manufacturing engines and powertrain solutions, catering to both automotive and non-automotive sectors. GCL is a market leader in developing fuel-agnostic powertrain solutions, which can operate on various fuel types, such as diesel, petrol, CNG, LPG, and even electricity.
Diversified Product Portfolio:
- Automotive Engines: GCL offers fuel-agnostic engines designed for a range of automotive applications, particularly in the 2-wheeler and 3-wheeler segments, providing robust solutions for internal combustion and electric vehicles.
- Non-Automotive Engines and Components: GCL supplies fuel-agnostic engines and components for various non-automotive industries such as:
- Gensets (generators for power generation),
- Industrial and Infrastructure applications,
- Marine engines, and
- Agricultural engines for farming equipment.
- Motion Control Systems: GCL produces advanced motion control systems like rods, push-pull cables, and electronic sensors used in controlling key vehicle functions such as the accelerator, brake, clutch, steering wheel, gear shift, and park brake. These are critical components across both automotive and non-automotive sectors.
Expanding Global Footprint:
- GCL has extended its presence to major international markets, including the USA and the European Union.
- 6+ Million Engines on the Road: GCL has over 6 million engines running across the globe, signifying the vast adoption of its automotive powertrain solutions.
- 1+ Million Gensets in Use: The company has more than a million gensets operating worldwide, showing its strong presence in the industrial and power generation sectors.
- 15+ Engine Variants: GCL offers more than 15 variants of engines, reflecting the company’s adaptability and customization to meet diverse industry demands.
- 3+ Million Pump Sets in Use: Greaves Cotton is also a significant player in the agricultural space, with over 3 million pump sets in use, supporting irrigation and other farming needs.
Product and Technology Evolution:
- From Diesel to Multi-Fuel and Electric Solutions: Originally known for diesel engines, Greaves Cotton now produces engines and solutions compatible with multiple fuel types, including petrol, compressed natural gas (CNG), and liquefied petroleum gas (LPG). Additionally, the company has embraced electric mobility with a growing range of electric motors, controllers, and battery solutions.
- Fuel-Agnostic Products: Greaves has diversified its portfolio to include fuel-agnostic products that can run on multiple energy sources, addressing the needs of various industries and markets.
- Expanding Product Range: Beyond engines, Greaves now manufactures key components like motors, controllers, cables, and generators (gensets), widening its industrial offerings.
Industry Diversification:
- Beyond Automotive: While Greaves has a strong foothold in the automotive sector (2-wheelers and 3-wheelers), the company has also expanded into industries such as railways, telecom, agriculture, construction, and retail.
Sustainable Mobility and Last-Mile Solutions:
- End-to-End Mobility Solutions: Greaves has transitioned from just producing engines to offering end-to-end solutions for last-mile mobility. The company now designs, engineers, and manufactures electric two-wheelers and three-wheelers, primarily through its Ampere Electric brand.
- Vehicle Retail and Financing: Greaves is involved not only in the production of 2-wheelers and 3-wheelers but also in their retailing through its multi-brand vehicle outlets.
The Board of Directors approved the following on Q1 FY2025 meeting:
• Subscribing to equity shares of Greaves Electric Mobility Private Limited (up to INR 120 crores) for working capital, capex, fund
infusion in subsidiaries, and general corporate purposes
• Subscribing to equity shares of Greaves Finance Limited (up to INR 38 crores) to increase the capitalization for further growth
Expansive Product Range OEM &Private Labels– Battery, EV Components, Engine Oil,2WMB Parts.
The combination of 20,000+ mechanics, 250+ distributors, and 10,000+ retailers ensures that GCL has a comprehensive and efficient distribution and service network.
Greaves Cotton Ltd – Empowering lives with sustainable mobility solutions
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