Greaves Cotton Limited & Piaggio Vehicles, a leading automotive OEM in 2W, 3W and 4W segment, who took pioneering efforts in establishing the last mile connectivity in India, have signed an agreement to develop a new generation of powertrain solutions meeting BS-VI norms using Diesel & Alternate Fuel in the clean energy space.
Piaggio started their journey with Greaves Cotton Limited in 1998-1999 & since then, this relationship has only grown between the two companies establishing economical last mile transportation solution for Indian urban & semi-urban markets. Greaves has been a close partner with the Italian major, working and contributing towards their growth. The two-decade long story of success of Greaves engines having sold more than 5 million engines in this period has grown with the trust, dependency & confidence on Greaves products coming from technology, reliability, class leading cost of ownership & superior on-street performance.
Greaves has been producing their automotive engines from their plants at Aurangabad and Ranipet (Chennai) with their R&D centers based out of Aurangabad & Pune. They have been successfully powering the last mile transportation segment, popularly known as the three-wheeler and the micro-truck segment below 1000kg. Greaves has been constantly innovating their products to ensure superior total cost of ownership solutions keeping in mind the end customers’ affordability and need of the consumer while carrying passengers and cargo typical to Indian needs.
Greaves sold more than 300,000 automotive engines in financial year 2016-17 before successfully transiting to BS-IV compliant engines from 1-April-2017. Greaves engines are also productively powering the non-automotive segment like Marine boats, Construction equipment and Farm equipment amongst other applications.
The strong service network of more than 3,500 retail outlets supplying spare parts for these engines backed up by 9,000 trained technicians across the country makes Greaves service available within a 50km radius in most parts of the country.