Greaves Cotton has sold its land situated at Old Mahabalipuram Road (Rajiv Salai) in Chennai, for a consideration of Rs 80 crore. Earlier, the company's petrol engines unit was located at the above land, which was shifted to Gummidipoondi in the year 2008.
Greaves Cotton is one of India's leading and well-diversified engineering companies. It manufactures a wide range of industrial products to meet the requirement of core sectors in India and abroad. The Company's core competencies are in Diesel / Petrol Engines, Gensets, Pumpsets and Construction Equipment.
