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Tag: Greaves Cotton Ltd

  • Trupti Prabhu Roy plugs into Greaves Electric, sparking IPO buzz

    Trupti Prabhu Roy plugs into Greaves Electric, sparking IPO buzz

    MUMBIAI: Trupti Prabhu Roy, a PR dynamo with a trophy cabinet bursting with awards, has plugged into Greaves Electric Mobility as the company’s  new lead for corporate communications. Roy, known for her electrifying campaigns and crisis-busting prowess, is set to steer the e-mobility giant’s communications, with a particular focus on its upcoming IPO.

    Roy, whose LinkedIn profile reads like a PR hall of fame, joins Greaves Electric Mobility after a stint as deputy general manager at Greaves Cotton Ltd. Her impressive CV also includes a four-year stint at Six Degrees BCW, where she led campaigns for tech and automotive giants like Ather Energy, JFrog, and ThoughtSpot.

    “Managing communications for all brands under Greaves Electric Mobility, including Ampere and Greaves 3W, and leading strategic messaging and IPO communication efforts,” is how Roy describes her new role. A proper plateful, even for a seasoned pro.

     

  • Greaves Electric’s Ampere launches Reo 80, electric scooter aimed at mass market

    Greaves Electric’s Ampere launches Reo 80, electric scooter aimed at mass market

    MUMBAI:  Ampere, the electric two-wheeler division of Greaves Electric Mobility (GEML), has introduced the Reo 80, a new electric scooter designed for widespread accessibility across India. The Reo 80, priced at Rs 59,900, aims to provide an economical and sustainable transportation option for a broad consumer base.

    Greaves Electric Mobility Ltd (GEML) executive director and CEO K. Vijaya Kumar stated, “With the launch of the Ampere Reo 80, we are enhancing the accessibility of electric mobility for customers in India.”

    The Reo 80 features an 80km range on a single charge and operates without the requirement for a license or registration. The scooter includes a colored LCD cluster, LFP battery, front disc brakes, keyless start, dual-tone color options, and alloy wheels. Deliveries are scheduled to commence across India in April 2025.

    GEML  has reported a 52 per cent month-on-month growth in electric two-wheeler sales for March 2025, according to Vahan data. GEML, a subsidiary of Greaves Cotton Ltd  (GCL), focuses on developing and manufacturing electric vehicles. Greaves Cotton, with a history spanning 165 years, is transitioning towards providing comprehensive mobility solutions.

  • Greaves Cotton announces key hires; appoints Dr Arup Basu as deputy managing director

    Greaves Cotton announces key hires; appoints Dr Arup Basu as deputy managing director

    Mumbai: Greaves Cotton on Tuesday announced the appointment of Dr Arup Basu as deputy managing director of Greaves Cotton Ltd and Sanjay Behl as CEO and executive director of Greaves Electric Mobility (GEMPL). The strengthening of leadership comes on the heels of highest-ever consolidated quarterly revenue of Rs 621 crore reported for the quarter ending 31 March, the engineering company said in a statement.

    With this announcement, the Greaves group leadership will move to a simpler and more focused structure, in line with the reorganisation of business carried out in 2021 to facilitate sustained growth, and led by Dr Arup Basu and Sanjay Behl. Both the leaders will report to MD and group CEO Nagesh Basavanhalli.

    In his role, Dr Basu will lead the development and execution of long-term strategies of GCL and will oversee implementation of overall corporate purpose and vision of GCL across engines and retail business. He brings over 30 years of experience in running manufacturing intensive businesses such as packaging (MD at Huhtamaki PPL) chemicals (president and CTO at Tata Chemicals), and automotive (Tata Motors).

    GEMPL, comprising e-scooters, e-rickshaw and e-auto segments, is one of the fastest growing businesses within the group accounting for 38 per cent of the overall revenue for the quarter ended 31 March, representing an annual YoY revenue growth of 251 per cent, according to the company.

    As CEO and executive director of GEMPL, Behl will focus on leading the accelerated growth of the electric mobility business. He comes with a rich experience in leading consumer facing businesses such as textiles (CEO of Raymond Ltd), broadcasting (CEO of Reliance Big TV) and technology (co-founder/CEO of Nextqore Inc).

    Commenting on the leadership appointments, Nagesh Basavanhalli said, “I am delighted to welcome Dr Arup Basu and Sanjay Behl into the leadership team of the Greaves Cotton group. Their immense experience in transforming and growing Indian businesses at global scale will help us accelerate our growth. Their leadership skills in building future facing organisations will help steer growth in their respective areas.”