Greaves Cotton has received an approval for closure of the Foundry unit located at Pune since it is no longer technically compatible with the new product portfolio engines being manufactured. The board of directors at its meeting held on November 01, 2013 has approved for the same.
Greaves Cotton, a 1,900 crore, a multi-product, multi-location company, is one of the leading engineering companies in India with core competencies in diesel/petrol engines, diesel generators and construction equipments.
