Greaves Cotton, engine maker for 3-wheelers and under-one-tonne pick-ups, is entering the 2-wheeler engine business buoyed the robust growth in the segment in the past few years.
At the second day of the ongoing Auto Expo today, it also lunched two new fuel-agnostic powertrains for its flagship 3- wheeler and mini-truck segments.
It said the two offer up to 30 per cent more fuel efficiency and lower emissions. The new powertrains come in petrol and CNG versions which are BS-VI compliant.
"We see plenty of potential in the 2-wheeler segment. So, as part of our diversification, we are introducing 2-wheeler engines. These 110-cc engines can be fitted on both scooters as well as bikes and we are in discussions with OEMs," Nagesh Basavanhalli, MD and CEO of Greaves Cotton, told PTI here.
The company is also showcasing BS-VI ready diesel and CNG power trains that it currently supplies to over 30 OEMs in the three-wheeler and micro four-wheeler segments.
Besides, it has launched a new family of multi-cylinder turbo-charged inter-cooled engines which are also BS-VI compliant.
Greaves Cotton is 160-year-old company with over Rs 1,800 crore revenue last fiscal and has over 5 million 3wheeler engines on the road.
"Our vision is to reinvent the last mile mobility segment with future-ready solutions and provide consumers with efficient, technologically superior products and services. With 160 years of legacy, we have touched the lives of over 5 million customers," Basavanhalli said.
He said the new engines are being made in collaborations with the US-based Pinnacle Engines and the Bengaluru-based Altigreen Solutions.
With Pinnacle Engines, they are launching a new set of CNG/petrol engines for three-wheelers, which come with a linear twin-piston technology--an industry first in the country.
These engines offers up to 30 per cent fuel efficiency with significantly lower emission as they ensure very low tail pipe emission, thus meeting the BS-VI norms, Basavanhalli said.
Additionally, it is also showcasing for the first time in the country high performance 3-wheeler electric power trains which are ultra-light compact high output induction motor, developed by Altigreen Propulsion Labs.
Greaves Cotton is into automotive solutions, gensets, and farm equipment. It has six manufacturing units where manufactures around 4,00,000 engines annually in Pune, Aurangabad and Ranipet in Tamil Nadu.
In the three-wheeler diesel engines space it enjoys 80 per cent market share, and is the key supplier to Lohia Auto, Atul Auto and MG Group, Basavanhalli said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)