The engines with 100, 125 and 280 Horse Power, would be launched at Malpe in Karnataka and Sasoon Docks in Mumbai, the two of the major fish catching and markets in the country, Rajesh S Walke, General Manager, Engine Business, told PTI.
With a capacity to manufacture 48,000 engines per year in its Satara facility, the company expected a sale of 1,000 engines in the initial year, Walke said.
Prototype of the marine engine was already tested and once the fishing ban was lifted and rainy season start, the marine engine, at a cost of Rs 6 lakh with accessories, would be in the market for motorised boats and trawls, he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
