Pro Plus

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 | 6668 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 ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

RELATED ARTICLES

The De-Risking Playbook: Inside Gestamp’s Aggressive OEM Diversification in India

Shahkar Abidi 11 Sep 2026

The Spanish tier-one opens a Rs 523.7-crore facility in Gujarat, seeking to insulate itself from customer concentration ...

Pro Plus
Built for 30,000, Running at 6,000: Godrej's New Forklift Plant is Waiting for India to Catch Up

Shahkar Abidi 08 Sep 2026

The 63-year-old business has moved almost all production to a new plant and is already engineering sodium-ion batteries ...

Pro Plus
KNR Hands Over a Transformed TVS Motor. What Next for Kargar?

Autocar Professional Bureau 30 Aug 2026

The incoming CEO inherits a stronger global business, growing positions in premium motorcycles and EVs, and the task of ...

Tags: TIL Limited
NEXT STORY