Overview
We are a technology driven integrated supplier that develops complex engineering products and solutions for our original equipment manufacturer (“OEM”) customers. We are an independent tier 1 solution provider of axles, transmission systems and gears for the agricultural tractor and construction vehicle industries in India. We support the full value chain of services as a solution provider for axles, transmission systems, gears and other related components with in-house product design manufacturing capabilities.
We are part of the Carraro Group which designs, manufactures and sells transmission systems (axles, transmissions and drives) mainly for agricultural and construction equipment and off-highway vehicles.
Carraro India’s foray into the Indian market began in 1997 when it established a manufacturing center in Pune, India, through a joint venture with Escorts Ltd., one of the country’s largest industrial groups. In the following years, a second plant was also established for the production of gears and components.
Carraro Technologies India Private Limited was established in 2006 and it was focused on R&D of axles, transmissions systems and other components of agricultural tractors and construction as an engineering service provider to Carraro S.p.A’s global R&D center. Historically, Carraro Technologies has participated in the design and development of products of the Carraro Group as a service provider and has focused on R&D of axles, transmissions systems and other components of agricultural tractors and construction equipment.
We also focus on R&D of new application to define new products in order to adapt to changing market needs. Over the years, the CTIPL R&D team has supported the Carraro Group R&D team to launch the various products of the Carraro Group, including:
• Launch of 120 HP tractor transmission in 2013;
• Launch of the 20.09/20.14/20.16 series of planetary axle customized for local market applicable for tractor up to 90 HP in 2014 to 2015;
• Launch of steering axle applicable for 4-WD vehicle in 2016.
In 2014 there was also the amalgamation of Turbo Gears India Pvt Ltd in Carraro India Pvt Ltd.
Over the 20 years since the first plant’s inception, impressive changes and continual growth have been observed, not just in Carraro’s output but also in the Indian market. Consistently with this evolution, in 2022 there was the launch of the new steering portal axle for tractors and in 2023 the kick off of the new T135 agricultural transmission.
In 2024, there was also the acquisition of 99% of the shares of Carraro Technologies India Private Limited.
India, the world’s largest tractor market, is also experiencing swift urbanization. Driven by an innovative spirit, our Company continues to seek new opportunities in India, venturing into the construction and earth-moving equipment sectors.