From Campodarsego to Bombay Stock Exchange: The Carraro India Story
As the Italy-based Carraro family raises Rs 1,250 crore from the Indian equity market, Shahkar Abidi traces the growth of the eponymously named auto components manufacturer.
8925 Views
Sometime in 1997-1998, Carraro S.p.A., the Italian manufacturer of tractor and construction equipment components, planted its roots near Pune, India through a joint venture with Escorts Ltd. This marked the company’s first foray into the subcontinent.
Back then, the assembly plant operated on a single shift, wrapping up by 5 p.m., and a peculiar nightly ritual followed: the emergency exit was locked the moment the last worker left the floor. The rationale for this seemingly paradoxical practice: Inside the assembly area lay a treasure trove of valuables—copper seals and brushes among others—prized for their value in the scrap market. ...
RELATED ARTICLES
BKT, the ‘Off-Road King,’ Chases the Consumer Market
Shahkar Abidi
27 Feb 2026
The company has unveiled a broad range of tyres for the Indian two-wheeler and CV markets.
RSB Group Prepares for Hyper-Growth: New Markets, Tech and Mission ₹10,000 Cr
Darshan Nakhwa
16 Feb 2026
From a small workshop in Jamshedpur to an engineering group with global reach, RSB Transmissions is preparing for its mo...
Beyond Helmets: NeoKavach Wants to Make Rider Airbags India’s Next Safety Habit
Darshan Nakhwa
16 Feb 2026
As premium motorcycles proliferate and riding culture evolves, an Indo-French venture is betting that wearable airbags, ...
