Carraro India Limited, a leading independent Tier-I solutions provider for axles, transmission systems, gears, and related components, has marked a major milestone in its growth journey. The company has secured a strategic engineering services contract with TI Clean Mobility Private Ltd – Montra Electric, valued at Rs. 17.50 crore.
Under this agreement, Carraro India will provide detailed feasibility studies and industrialization services for E-Transaxles designed for electric-powered agricultural tractors. This partnership positions Carraro India as a key technology supplier for the rapidly evolving Indian tractor industry, strengthening its presence in the electric mobility segment.
The contract highlights Carraro’s commitment to innovation and sustainability, aligning with India’s push toward electrification in the agricultural sector. With expertise in advanced transmission and axle solutions, Carraro India is set to play a crucial role in supporting electric tractor manufacturers in delivering high-performance, reliable vehicles to the market.
