The Hindu Business Line : Eicher forays into engg solutions biz

THE Rs 1,300-crore Eicher group has made an entry into the engineering solutions business. The company has set up a centre for excellence for engineering services to provide solutions to other firms.

"We have developed a product development capability of a significant order. So we have created a centre with good design andanalysis capabilities and have started offering services to outsiders, both international companies as well as domestic companies, who want to get their engineering services outsourced. It is at present a very small outfit, but we do believe that it has potential," Mr S. Sandilya, Group Chairman & Chief Executive, Eicher, said.

Eicher has developed indigenous manufacturing capability in segments such as commercial vehicle, tractor, and motorcycle segments.

"We have been in commercial vehicles and tractors and have done a lot of product development ourselves. The recently launched 16-tonne heavy commercial vehicle (HCV), which is doing very well in the market, is totally indigenously designed. Similarly, we are piloting a 25-tonne multi-axle vehicle which again has been designed by us," Mr Sandilya said.

Similarly, in tractors the company has products in the range of 25 HP to 61 HP and has also recently rolled out a range of water-cooled tractors. The group also sells Royal Enfield motorcycles, and is in the process of introducing new models.

The Eicher group had recently announced a restructuring plan under which it had merged all its automotive businesses in Eicher Motors Ltd. The company also manufactures diesel engines and automotive gears.

More Stories on : Diversification | HCV/LCV/Tractors

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