Eicher Motors
 |
 | |
| Company type | Public |
|---|---|
| Founded | 1948 |
| Headquarters | Pithampur[1], Madhya Pradesh, India |
Key people | Sidhharth Lal (MD) |
| Revenue | र. 1.7 billion (2005) |
Number of employees | 2,400 |
| Website | www.eicherworld.com |
Eicher Group is a conglomerate of the firms Eicher Goodearth Ltd., Eicher Ltd., Eicher Motors Ltd., Eicher International Ltd., and ECS Ltd., based in New Delhi, India. The Eicher company has around 2500 employees located in four manufacturing facilities and 49 marketing and area offices around India. The group has around 600 suppliers of components and sub-assemblies. The group’s products are supplied by a network of around 381 dealers distributed across India. Eicher is present in over 40 other countries.
History
Eicher Motors is a commercial vehicle manufacturer in India. The company's origins date back to 1948, when Goodearth Company was established for the distribution and service of imported tractors.
In 1959 the Eicher Tractor Corporation of India Private Ltd. was established, jointly with the Eicher tractor company, a German tractor manufacturer. In 1960 the first tractor produced in India was put on the market.
Since 1965 Eicher in India has been completely owned by Indian shareholders. The German Eicher tractor was partly owned by Massey-Ferguson from 1970, when they bought 30 per cent. Massey-Ferguson bought out the German company in 1973.
In 2005 Eicher Motors Ltd. sold their tractors and engines business to TAFE Tractors (Tractors And Farm Equipment Ltd) of Chennai, the Indian licencee of Massey Ferguson tractors.
The Eicher Group experienced a gross sales turnover of over INR 19,000 million ($US 424 million) in 2005–06.
Group structure
The Eicher Group has diversified business interests in design and development, manufacturing, and local and international marketing of trucks, buses, motorcycles, automotive gears, and components. Eicher has invested in the potential growth areas of management consultancy services, customised engineering solutions, and maps and travel guides.
The activities of the group are divided into the following business units:
- Eicher Goodearth Limited
- Eicher Motors Limited
- Eicher Motors – Commercial vehicles
- Royal Enfield – Motorcycles
- Eicher Engineering Components – Gears
- Eicher Limited – Investments in group companies
- Eicher Engineering Solutions – customised engineering solutions
- Good Earth Publications – city maps and travel guides
- ECS Limited – management consulting
References
- ^ "Addresses". Eicherworld.com. Retrieved 2010-07-16.
External links
