Greaves Cotton Limited , a renowned diversified engineering company with a legacy spanning over 165 years, has set its sights on ambitious growth with the launch of its new business strategy, 'GREAVES.NEXT'. The company aims to achieve a revenue target of INR 15,000 crores by 2030, marking a significant leap in its financial aspirations.

Strategic Focus Areas

The 'GREAVES.NEXT' strategy positions the company as a future-ready engineering entity, focusing on three key areas:

1. Energy Solutions
2. Mobility Solutions
3. Industrial Solutions

This strategic framework is designed to capture growth opportunities in the evolving energy, mobility, and new engineering application landscape, both in India and globally.

Growth Projections and Strategy

The company's management projects an organic revenue growth of 16-20% for its core businesses over the next 4-5 years while maintaining steady EBITDA margins. This growth is expected to be achieved through a combination of organic initiatives and strategic acquisitions.

Strategic Dimensions

The 'GREAVES.NEXT' growth roadmap encompasses three key dimensions:

1. Accelerating the core by sustaining growth momentum in existing businesses
2. Building new capabilities onto existing businesses with new products, competencies, and geographical expansion
3. Expanding into new horizons by leveraging core strengths

Business Segment Focus

Energy Solutions

• Strengthen presence in power generation and genset aftermarket
• Evolve from a product company to a complete solutions provider
• Build a robust distribution network
• Enhance customer lifetime value

Mobility Solutions

• Span from fuel-agnostic powertrain solutions to auto aftermarket and components
• Deepen OEM collaborations
• Expand product platforms into new adjacencies
• Shape the alternative fuel powertrain ecosystem

Industrial Solutions

• Develop new & compact platforms for emerging applications
• Build stronger OEM partnerships and dealer networks
• Expand customer reach
• Sustain leadership in critical segments such as firefighting

Leadership Perspective

Mr. Parag Satpute, Managing Director and Group CEO of Greaves Cotton Limited, stated, "With 'GREAVES.NEXT', our new business strategy, we are setting the course for the next phase of growth by being a future-ready engineering company with reliable products, sustainable technologies, and customer-centric solutions. Our goal is to create long-term value for all stakeholders while contributing meaningfully to India's industrial growth and energy transition."

The company's strategic realignment also includes changes in the reporting structure of senior management personnel, aimed at driving deeper functional focus, enhanced technology integration, and accelerated product development within growth verticals.

As Greaves Cotton embarks on this ambitious journey, the market will be keenly watching its execution of the 'GREAVES.NEXT' strategy and progress towards its 2030 revenue target. The company's focus on innovation, sustainability, and operational excellence positions it well to capitalize on the evolving needs of the energy, mobility, and industrial sectors in India and beyond.

Greaves Cotton Limited , a renowned diversified engineering company with a legacy spanning over 165 years, has announced a strategic initiative called 'GREAVES.NEXT'. This future-focused business strategy aims to position the company for its next phase of growth, innovation, and global relevance.

Key Focus Areas

The 'GREAVES.NEXT' strategy centers around three core sectors:

1. Energy Solutions
2. Mobility Solutions
3. Industrial Solutions

This strategic framework aligns with Greaves Cotton's core strengths and is designed to capture growth opportunities in the evolving energy, mobility, and new engineering application landscape, both in India and globally.

Strategic Objectives

The company has outlined several key objectives as part of its new strategy:

• Strengthen its position as a trusted, future-ready engineering company
• Create long-term value through reliable products, sustainable technologies, and customer-centric innovation
• Target sustained revenue growth over the next five years
• Drive innovation in low-emission, energy-efficient, and sustainable products

Business-Specific Strategies

                 - Build a robust distribution network
                 - Enhance customer lifetime value |

| Mobility Solutions | - Deepen OEM collaborations - Expand product platforms into new adjacencies - Shape the alternative fuel powertrain ecosystem | | Industrial Solutions | - Develop new & compact platforms for emerging applications - Build stronger OEM partnerships and dealer networks - Sustain leadership in critical segments such as firefighting |

Organizational Enablement

To support this strategic shift, Greaves Cotton is focusing on:

• Strengthening leadership depth
• Accelerating digital enablement and performance visibility
• Embedding operational excellence and superior R&D across acquired companies

Global Expansion

The strategy also emphasizes scaling the company's presence in strategic and high-potential global markets, aiming to increase the contribution from exports.

Mr. Parag Satpute, Managing Director and Group CEO of Greaves Cotton Limited, stated, "With 'GREAVES.NEXT', our new business strategy, we are setting the course for the next phase of growth by being a future-ready engineering company with reliable products, sustainable technologies, and customer-centric solutions. Our goal is to create long-term value for all stakeholders while contributing meaningfully to India's industrial growth and energy transition."

This strategic initiative marks a significant step in Greaves Cotton's evolution from a single-product company to a diversified, multi-business, fuel-agnostic engineering company. By leveraging its proven engineering and technology capabilities, Greaves Cotton aims to drive innovation and create lasting value for customers in India and global markets alike.