imported>Citation bot at 20:02, 24 August 2021

2021-08-24T20:02:50Z

New page

{{Infobox company
| name = Greaves Cotton Ltd.
| logo = Greaves Cotton New Logo.png
| caption =
| traded_as = {{BSE|501455}} {{NSE|GREAVESCOT}}
| native_name = 
| native_name_lang = 
| romanized =
| former type =
| type =
| industry = Engineering
| genre = 
| fate =
| predecessor =
| successor =
| foundation = 
| founder =
| defunct = 
| location_city = Mumbai,Maharahtra,India
| location_country = India
| locations = Mumbai, Pune, Aurangabad, Chennai
| area_served =
| key_people = [[Ajit Venkataraman]] {{small|([[Executive Director]])}} [[Nagesh Basavanhalli]] {{small|([[Group CEO & MD]])}}
| products = Engines Electric Vehicles Farm Equipment Spare Parts Auxiliary Power 
| production =
| services =

| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = 
| footnotes =
| intl =
| bodystyle =
}}

'''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.<ref name=":0">{{Cite web|url=http://economictimes.indiatimes.com/greaves-cotton-ltd/infocompanyhistory/companyid-13698.cms|title=The Economic Times|website=economictimes.indiatimes.com|access-date=2017-02-21}}</ref> Greaves Cotton was purchased by Lala [[Karam Chand Thapar]] of the [[Thapar Group]] in 1947.<ref>{{cite web
|url=http://www.greavescotton.com/CorporateProfile/milestone.aspx
|title=Milestones
|publisher=Greaves Cotton Ltd
|accessdate=13 July 2013}}</ref> It was converted into a public limited company in 1950.<ref name=":0" />

==Products==

The company produces diesel, petrol, kerosene, gasoline engines, diesel pump sets, [[Diesel generator|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.<ref>{{cite news
|url=https://amperevehicles.com/about/
|title=Ampere Vehicles & Greaves Cotton Parents Innovation
|date=14 January 2020
|work=Ampere Electric Vehicles
|accessdate=29 January 2020}}</ref>

==Achievements and Announcements==

Greaves completes acquisition of Ampere Vehicles
<ref>{{cite news
|url=https://www.bloombergquint.com/business/greaves-cotton-completes-acquisition-of-ampere-vehicles
|title=Greaves Cotton Completes Acquisition Of Ampere Vehicles
|date=14 November 2019
|work=Bloomberg Quint}}</ref>

The company announced completion of the BSVI certification for its single cylinder diesel engine.
<ref>{{cite news
|url=https://timesofindia.indiatimes.com/business/india-business/greaves-cotton-brings-out-bs-vi-diesel-engines-for-3-wheelers/articleshow/72419698.cms
|title=Greaves Cotton brings out BS-VI diesel engine for 3-wheelers
|date=7 December 2019
|work=The Times Of India}}</ref>

Greaves and TVS partner for Service Support.
<ref>{{cite news
|url=https://economictimes.indiatimes.com/industry/auto/lcv-hcv/greaves-cottons-arm-to-provide-service-support-to-tvs-3-wheelers/articleshow/72980810.cms
|title=Greaves Cotton's arm to provide service support to TVS 3-wheelers
|date=26 December 2019
|work=Economic Times}}</ref>

Ampere acquires 74% stake in e-rickshaw company Bestway
<ref>{{cite news
|title=Ampere acquires 74% stake in e-rickshaw company Bestway
|url=https://www.thehindubusinessline.com/companies/ampere-acquires-74-stake-in-e-rickshaw-company-bestway/article32005732.ece}}
|title=Ampere acquires 74% stake in e-rickshaw company Bestway
|date=06 July 2020
|work=The Hindu Business line}}</ref>

Greaves Cotton launches ‘Greaves Genius’ smart gensets
<ref>{{cite news
|title=Greaves Cotton launches 'Greaves Genius' smart gensets
|url=https://www.thehindubusinessline.com/companies/greaves-cotton-launches-greaves-genius-smart-gensets/article31924176.ece}}
|title=Greaves Cotton launches ‘Greaves Genius’ smart gensets
|date=26 July 2020
|work=The Hindu Business line}}</ref>

Greaves Cotton opens first Ampere Electric dealership in Nepal
<ref>{{cite news
|title=Greaves Cotton opens first Ampere Electric dealership in Nepal - ET Auto |url=https://auto.economictimes.indiatimes.com/news/two-wheelers/scooters-mopeds/greaves-cotton-opens-first-ampere-electric-dealership-in-nepal/75754576 |work=ETAuto.com |language=en}}
|title=Greaves Cotton opens first Ampere Electric dealership in Nepal
|date=15 May 2020
|work=ET Auto}}</ref>

Ampere Electric Launches Industry’s 1st battery subscription plan starting Rs 1990 in partnership with Autovert Technologies
<ref>{{cite news |last1=Desk |first1=HT Auto |title=Ampere Electric introduces first-of-a-kind battery subscription plan |url=https://auto.hindustantimes.com/auto/news/ampere-electric-introduces-first-of-a-kind-battery-subscription-plan-41596616876474.html |work=https://auto.hindustantimes.com |date=5 August 2020 |language=en}}</ref>

Ampere Electric Launches Vehicle Leasing Plans in Partnership with OTO Capital
<ref>{{cite news |title=Ampere Electric partners with OTO Capital for vehicle leasing plans - ET Auto |url=https://auto.economictimes.indiatimes.com/news/industry/ampere-electric-partners-with-oto-capital-for-vehicle-leasing-plans/77280973 |work=ETAuto.com |language=en}}</ref>

Greaves Cotton posts Q1FY21 consolidated revenue at 158.23 Crore
<ref>{{cite news |title=Greaves Cotton Ltd Q1 consolidated loss at Rs. 30.86 crore |url=https://www.equitybulls.com/admin/news2006/news_det.asp?id=272287 |work=EquityBulls |date=13 August 2020}}</ref>

Greaves Cotton launches OHV Petrol Pumpset with a one-year warranty
<ref>{{cite news |url=https://www.uniindia.com/greaves-cotton-launches-ohv-petrol-pumpset/business-economy/news/2190749.html}}</ref>

Ampere Electric and Bounce, India’s largest Rideshare Platform, partner to accelerate shared mobility on electric scooters
<ref>{{cite news |title=Mobility startup Bounce places order for 3,000 Ampere scooters - ET Auto |url=https://auto.economictimes.indiatimes.com/news/two-wheelers/scooters-mopeds/mobility-startup-bounce-places-order-for-3000-ampere-scooters/78579410 |work=ETAuto.com |language=en}}</ref>

Ampere Electric partners with EV mobility start-up eBikeGO for Performance Electric Scooters
<ref>{{cite news |last1=Editor |first1=Chary Publications |title=Ampere Electric partners with EV mobility start-up eBikeGO {{!}} Electrical India Magazine on Power & Electrical products, Renewable Energy, Transformers, Switchgear & Cables |url=https://www.electricalindia.in/ampere-electric-partners-with-ev-mobility-start-up-ebikego/}}</ref>

Nagesh Basavanhalli resumes charge as Group CEO & MD as Greaves Cotton Ltd restructures for agile growth
<ref>{{cite news |title=Nagesh Basavanhalli resumes charge as Group CEO & MD as Greaves Cotton Ltd restructures for agile growth |url=https://www.equitybulls.com/admin/news2006/news_det.asp?id=277193 |work=EquityBulls |date=5 November 2020}}</ref>

Greaves Cotton Limited has reported consolidated revenues at Rs 495 crore in Q3FY21 and EBIDTA at Rs 49 crore in Q3FY21. This represents around 50% growth in revenue over the previous quarter.
<ref>{{cite news |url=rore in Q3FY21. This represents around 50% growth in revenue .. Read more at: http://timesofindia.indiatimes.com/articleshow/80789594.cms}}</ref>

Ampere Electric Plans Investment of INR 700 crores for e-mobility manufacturing plant in Ranipet, signs MoU with Government of Tamil Nadu
<ref>{{cite web |last1=Desk |first1=HT Auto |title=Ampere Electric to invest 700 crores for e-mobility plant in Tamil Nadu |url=https://auto.hindustantimes.com/auto/news/ampere-electric-to-invest-700-crores-for-e-mobility-plant-in-ranipet-tn-41613541095316.html |website=Hindustan Times Auto News |language=en |date=17 February 2021}}</ref>

Greaves Cotton launches "Greaves Marine Pro" Outboard Marine engines at 9.9, 15 and 25hp for fishing vessels

==References==
{{Reflist}}

==External links==
*[http://www.indiacom.com/bp/greaves-cotton-limited_generator-manufacturer_in_pune_india/ Business profile at indiacom.com]{{Use dmy dates|date=September 2015}}
*Company history at [http://economictimes.indiatimes.com/greaves-cotton-ltd/infocompanyhistory/companyid-13698.cms economictimes.com]
{{coord missing|Maharashtra}}

[[Category:Manufacturing companies based in Mumbai]]
[[Category:Engineering companies of India]]
[[Category:Indian companies established in 1859]]
[[Category:1859 establishments in British India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Greaves Cotton - Revision history

imported>Citation bot at 20:02, 24 August 2021