Greaves Cotton to acquire 100% equity stake in motion-control systems player, Excel Controllinkage

by / Wednesday, 01 March 2023 / Published in News & Updates
This acquisition will enable Greaves to build a complementary product portfolio with common customer segments, commence its international footprint and export revenues, and aid in the growth of the fuel-agnostic powertrain portfolio. As Greaves strengthens its EV ecosystem, the latest initiative also accentuates Greaves’ strategy of building mechanical to mechatronic to electronic capabilities, the company said.