Carraro India Limited, a leading Tier-I manufacturer and technology partner specializing in axles, transmission systems, and gears, has received a Rs 17.50 crore engineering services contract from TI Clean Mobility Private Limited – Montra Electric.
The scope of work includes the detailed feasibility study and industrialization of an advanced E-Transaxle system for electric-powered agricultural tractors. This is a landmark moment for Carraro India as it strategically expands into the electric mobility and agri-equipment sector.
Dr. Balaji Gopalan, Managing Director of Carraro India Limited, said, “This agreement is a milestone in our transformation as a technology-driven partner for the Indian tractor segment. The E-Transaxle system is going to elevate the tractor's functionality, make the operations more efficient, and eco-friendly. Our association with Montra Electric is a proof of our pledge to provide the most advanced, future-ready solutions to our customers.”
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Carraro India, established in 1997, is a provider of integrated engineering solutions with complete in-house design, development, and manufacturing capabilities. Being a part of the global Carraro Group, the company caters to the tractors, backhoe loaders, compact wheel loaders, telehandlers, cranes, forklifts, and aerial work platforms sectors with its critical applications.
Carraro India has implemented two state-of-the-art manufacturing units in Pune with a strong R&D infrastructure, driveline assembly, precision gears, and proprietary heat treatment processes.
Coupled with the network of its 220 domestic suppliers spread over eight states and 58 international partners, Carraro India is continually enhancing its leadership in providing world-class engineering solutions, thereby consolidating its position as an important technology provider in the Indian tractor and off-highway equipment industry that is undergoing a phase of change.
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