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From Rs 431 Crore Loss to Recovery: Inside TIL’s Comeback

New ownership charts ambitious turnaround for TIL, India's oldest crane manufacturer.

12 Jan 2026 | 5934 Views | By Shahkar Abidi

In 1944, as the Second World War disrupted global supply chains and sent equipment prices spiralling, three enterprising Scotsmen; Alan Ramsay, Charles Porter, and Robert Wilson, spotted an opportunity in India's infrastructure hunger. They established Tractors India (later rechristened as TIL) as the authorised dealer for Caterpillar Inc., becoming one ...

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