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.
8969 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
From Shop Floor to Leadership: Indian Women Are Rewriting Auto's Rules
Prerna Lidhoo
13 Mar 2026
For decades, women were largely absent from assembly lines, engineering teams and leadership roles. With the rise of ele...
Can OEMs' Aftermarket Strategy Hurt Small and Independent Outlets and Chains?
Shahkar Abidi
12 Mar 2026
OEMs tighten their grip on vehicle lifecycles as independents fight for data, diagnostics and survival.
Why Women-led Factory Floors Make Business Sense
Anurag Chaturvedi
12 Mar 2026
As the industry shifts from muscle to precision, all-women factory floors are emerging not just as a statement of intent...
