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.
13 Feb 2025 | 9513 Views | By Shahkar Abidi
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 ...
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