Eicher Motors
Encyclopedia
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.
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.
The activities of the group are divided into the following business units:
New Delhi
New Delhi is the capital city of India. It serves as the centre of the Government of India and the Government of the National Capital Territory of Delhi. New Delhi is situated within the metropolis of Delhi. It is one of the nine districts of Delhi Union Territory. The total area of the city is...
, India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. 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
Eicher tractor
In the small village, Forstern near Munich, in Bavaria, Germany, the first Eicher tractor was made, in the 1930s, by Joseph and Albert Eicher. It was the beginning of considerable development of Eicher's Forstern and Dingolfing factories....
company, a German
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
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
TAFE Tractors
Tractors and Farm Equipment Limited is an Indian manufacturer of tractors and other farm equipment with its corporate headquarters in Chennai. The company was established in 1960 and has a reported annual revenue of $ 1.3 billion and a sales volume of over 117,000 tractors annually.Tractors and...
(Tractors And Farm Equipment Ltd) of Chennai
Chennai
Chennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...
, 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 EnfieldRoyal Enfield MotorsRoyal Enfield is a motorcycle manufacturing company based in Chennai, India.-History:Royal Enfield motorcycles made in England were being sold in India from 1949. In 1955, the Indian government looked for a suitable motorcycle for its police and army, for patrolling the country's border. The Bullet...
– 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