Eicher Motors India
Eicher Motors is a prominent commercial vehicle manufacturer based in India.
This company started in 1948 has diversified business interests like design and development and manufacturing and marketing of both local and international trucks, buses, automotive gears, motorcycles and their components.
Eicher Motors also offers management and consultancy services, city map and travel guides and customized engineering solutions.
History And Structure Of Eicher Motors
This motor company was started with the sole purpose of servicing and distributing imported tractors.
Eicher Tractor Corporation Ltd was established in 1959 together with Gebr Eicher company, which was a German tractor manufacturer. These two companies worked together and produced India’s very first tractor in 1960.
Since 1965, Eicher has been owned by varied shareholders and the German tractor became part of Massey Ferguson. In 1973, Massey Ferguson decided to buy out the German company. Eicher Motors then decided to sell their tractors and engines business to Tractors and Farm Equipment Ltd (TAFE), which was then based in Chennai.
Since Eicher Motors is mainly owned by shareholders, Daimler Chrysler plans to increase its stakes from 3.59% to 20%. Eicher has grown over the years and today it has a turnover of INR 19,000 million annually.
Eicher Motors is a conglomerate of Eicher Ltd, Eicher Motors Ltd, ECS Ltd and Eicher Goodearth Ltd. These business units perform different activities for the Eicher company. Eicher Motors Ltd works on commercial vehicles, motorcycles and components.
Eicher Ltd majors on investments in group companies, Goodearth Publications works on city maps and guides, while ECS Limited offers management consulting. The business units work together to achieve the company’s ultimate goal; offering the best services to clients.
Currently this automobile company India has 2500 employees based in 4 manufacturing plants and 49 offices around India. This company has 600 suppliers of subassemblies and components. For proper distribution, the group has 381 dealers located all over India.
Eicher is now reaching a wider base of clients internationally. This automobile company India is present in more than 40 countries around the world. Eicher is one of the fastest growing automobile companies and in the near future more production is expected.
Since they offer quality products for a reasonable price, customers agree that this company understands the public. From 1965, it is clear that this company has grown to even offer international services. It is expected that soon you and I will be buying or using Eicher products from anywhere in the world.
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