Greaves Automotive engines business, part of the Rs. 1800 crore Greaves Cotton Limited, has entered into a long term supply agreement with Atul Auto for supply of diesel engines for their 3 wheeled diesel vehicles. The agreement comes into force with immediate effect and is for a period of seven years. Currently, Greaves engines power Atul Smart, Atul Shakti and Atul Gem vehicles plying across the country.
Mr. Sanjiv Kumar, CEO - Automotive Engines Business, said "Greaves engines have been driving vehicles from the Atul Auto stable for almost three decades. This Agreement has reposed faith in each other and strengthened the business relationship further.”
Greaves automotive division also supplies to supplied to major automotive players like Piaggio, M&M, Tata Motors, Scooters India also. It has a wide portfolio in automotive engines and in single cylinder engines they are among the largest independent manufacturers with a production of over 4.5 lakh engines annually.