Carraro India
Independent tier 1 provider of axles, transmission systems, and gears for agricultural and construction vehicles in India.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $44.1m | Growth Equity non VC | |
| Total Funding | 000k | ||
Carraro India operates as a key player in the manufacturing sector, specializing in axles, transmission systems, and gears for agricultural tractors and construction vehicles. As part of the Carraro Group, the company leverages its in-house product design and manufacturing capabilities to serve original equipment manufacturers (OEMs) in India. Established in 1997 through a joint venture, Carraro India has expanded its operations with multiple plants in the Pune area, focusing on the production of axles, transmissions, gears, and components. The business model revolves around providing comprehensive solutions across the full value chain, from design to manufacturing, ensuring a robust supply of complex engineering products. The company generates revenue by supplying these critical components to OEMs, capitalizing on the growing demand in the agricultural and construction sectors. Carraro India's strategic location and investment in research and development underscore its commitment to the Indian market, positioning it as a pivotal supplier in the off-highway vehicle industry. Keywords: axles, transmission systems, gears, agricultural tractors, construction vehicles, OEMs, manufacturing, Pune, engineering, R&D.