Greaves Cotton to make new BS-IV engines for Piaggio 

Share This Post

Leading auto ancillary player Greaves CottonBSE 0.39 % has entered into an agreement with Italian two and three-wheeler maker Piaggio Vehicles India to develop new diesel and clean energy engines.

The new engines to be developed will be meeting the BS-VI emission norms and will be run on diesel and alternate fuels in the clean energy space, the company said today.

Greaves Cotton’s engines is the market leader with close to 78 per cent market share in the diesel-driven 3- wheeler market and has recently crossed the 5-million engines powering various cargo and passenger vehicles in three-wheeler and micro four-wheeler space.

Piaggio India started its association with Greaves Cotton in 1998-99 and has since then sold over 5 million engines to Italian major, which is also into four-wheelers with its micro-trucks in the under- 1,000 kg load capacity.

Greaves has automotive engines plants in Aurangabad and Ranipet near Chennai while its R&D centers are in Aurangabad and Pune.

Speaking on the tie-up, Nagesh Basavanhalli, managing director and chief executive of Greaves Cotton said his company is investing in new technologies and building capabilities to meet the demand for fuel-agnostic, future- ready solutions serving the last mile transportation market.

“Our new solutions will cover a range of fuels from diesel, petrol, CNG to electric which will continue to leverage our strengths,” he said.


Related Posts

Aurangabad to host first inception meet of W20 India as a part of India’s G20 Presidency on Feb 13, 2023

W20 India will strive to take forward the Honourable Prime Minister’s vision of India's G-20 presidency to be inclusive, ambitious, decisive, and action-oriented. Four large world class events with international delegates will be held showcasing India’s rich culture and heritage. Classical dance, handloom and handicraft mela with nano entrepreneurs and local cuisine. The 1st inception meet will be in Aurangabad on 13-15 February 2023.

एमजीएम खगोल अंतराळ विज्ञान केंद्रातर्फ जेम्स वेब अंतराळ दुर्बीण खगोल महोत्सवाची सुरुवात

औरंगाबादेत जेम्स वेब स्पेस टेलीस्कोप मिररची देशातील एकमेव प्रतिकृती. आज...

औरंगाबादला पावसाने झोडपले; तासभर ढगफुटी सदृश्य पावसाचे तुफान

औरंगाबाद शहराला ढगफुटी पावसाने झोडपले, शहरातील सखल भागात मोठ्या...

औरंगाबाद विमानतळ: सलग तीन वर्षे देशातील गटातील सर्वाधिक तोटा असणाऱ्या विमानतळाच्या यादीत

औरंगाबाद विमानतळ: सलग तीन वर्षे देशातील गटातील सर्वाधिक तोटा...

स्मार्ट औरंगाबादसाठी मिळणार अतिरिक्त ₹1000 कोटी; १५व्या वित्त आयोगाच्या शिफारसीमध्ये भारतातील ८ शहरात मिळवले स्थान

केंद्र सरकारच्या महत्वाकांक्षी प्रकल्प असलेल्या स्मार्ट सिटी मिशनच्या पुढील...
- Advertisement -spot_img