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Greaves Cotton: Getting Ready for the Future
New CEO Parag Satpute inherits 165 years of engineering and a mandate to multiply it.
22 Apr 2026
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Parag Satpute, MD & Group CEO of 165 year old Greaves Cotton likes to answer a large question by first shrinking it, as if the only honest way to talk about a transformation is to begin with the facts that refuse to budge. When asked the first obvious question: Why he joined Greaves Cotton and why he left Amsterdam for Mumbai, he doesn’t reach for a slogan.
He reaches, instead, for a contrast: in Western Europe and North America where he had been running his previous job responsibilities, the talk was about consolidation and cost cutting; in India, ...
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