Greaves Cotton manufactures engines, uses engines, and trades power tillers, engine spare parts, electric cars, and infrastructural equipment, among other things. Greaves Cotton Limited is based in Mumbai, India, and was established in 1859. Greaves Cotton Ltd. is a conglomerate engineering firm based in India that produces clean technology powertrain products for heavy machinery (including automotive and non-automotive) and gasoline, diesel, and CNG engines.
Greaves Cotton Quick Overview
| Particular | Details |
| Company Name | Greaves Cotton Limited |
| Type | Public Listed Engineering & Mobility Solutions Company |
| Industry | Engineering, Manufacturing & Sustainable Mobility Solutions |
| Founded / Incorporated | 1859 (incorporated as private 1922; public from 1950) |
| Headquarters | Mumbai, Maharashtra, India |
| Key People | Nagesh Basavanhalli (Non-Executive Vice Chairman); Arup Basu (Managing Director); Akhila Balachandar (CFO) |
| Core Business | Manufacture & supply of engines, powertrain products, electric mobility vehicles & aftermarket solutions |
| Major Products & Services | Petrol, diesel, CNG/LPG engines; gensets, pump sets, farm equipment; electric 2-wheelers & 3-wheelers; spare parts & service network |
| Subsidiaries / Divisions | Greaves Electric Mobility Ltd. (EVs & Ampere brand); Greaves Retail; Greaves Finance; Greaves Technologies |
| Area Served | India & international markets (South-East Asia, Middle East, Africa, etc.) |
| Manufacturing Footprint | Multiple plants in Maharashtra & Tamil Nadu; extensive R&D/testing |
| Distribution Network | ~10,000+ retailers & 130+ distributors across India |
| Employees | ~1,000–2,000+ (approx.) |
| Market Position | One of India’s oldest and diversified engineering companies with growing EV & fuel-agnostic powertrain focus |
| Strategic Focus | Green mobility (electric vehicles), fuel-agnostic powertrains, sustainable mobility ecosystem |
| Notable Achievements | Over 5+ million engines sold historically; strong brand legacy in engines & mobility |
| Stock Exchange Listing | NSE (GREAVESCOT) & BSE; ISIN: INE224A01026 |
| Official Website | greavescotton.com |
Net Worth and Market Cap
The market capitalization or net worth of Greaves Cotton is INR 39.33 billion. 40.10 billion is the enterprise value.
Corporate leadership
George Cotton and James Greaves established the business in 1859. Arup Basu is the company’s MD, and Nagesh Basavanhalli is the non-executive vice chairman.
Overview of Services
The company manufactures and trades electric cars and their spare parts; provides engines for agricultural equipment, gensets, and spares; and produces cables and control levers for commercial vehicles, industrial machinery, construction equipment, boats, and automobiles.
It also provides the greaves care and aftermarket spares services; offers retail vehicle financing; produces and distributes e-rickshaws and e-3wheelers, among other mechanical and electronic motion control solutions.
In addition, the company offers fuel-agnostic powertrain options, lease financing options, lending, and associated services to purchasers of electric two- and three-wheelers, as well as engineering services to OEMs for the creation and upkeep of engines, machines, and equipment. Additionally, it provides engineering services for both non-automotive and automotive applications.
Scale of Operations
In India, the Middle East, Africa, Southeast Asia, and other countries, Greaves Cotton Limited runs retail engineering and mobility businesses. In October 2023, the corporation had 20,000 mechanics, 200 wholesalers, and 8,000 retail locations throughout India. Engines, Cables & Control Levers, Electric Mobility & Other Vehicles, and Others are its operating segments.
