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Greaves Cotton eyes e-mobility, auto sectors to drive growth

07 Feb 2020 Evaluate

Greaves Cotton is eyeing to grow in line with the fast-growing e-mobility and automotive sectors going forward. The company expects the e-mobility and automotive segments to grow by almost 15-20 per cent over the coming years backed by the government's push on reducing carbon emissions.

The company had recently completed the acquisition of electric vehicles manufacturer Ampere Vehicles, is looking at penetrating key metros across the country as part of its last-mile connectivity initiative.

Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.

Peers
Company Name CMP
Cummins India 4348.50
Kirloskar Oil Engine 1812.75
Greaves Cotton 182.90
Swaraj Engines 3430.00
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