Carraro is an international group, leader in transmission systems for off-highway vehicles and specialised tractors, with consolidated turnover in 2018 of 624 million Euros.
The Group’s activities are divided into two Business Areas:
– Drive systems
Through the subsidiaries Carraro Drive Tech and SIAP, the Group designs, manufactures and sells transmission systems (axles, transmissions and drives) mainly for agricultural and construction equipment, and also markets a wide range of gears for very diverse sectors, from the automotive industry to material handling, agricultural applications and construction equipment.
– Tractors
Through the subsidiary Carraro Agritalia, the Group designs and manufactures special tractors (for vineyards and orchards from 60 to 100 hp) for third-party brands, namely John Deere, Massey Ferguson and Claas, as well as a specialist own-brand range; Agritalia also provides engineering services for the design of innovative tractor ranges.
The Group’s holding company, Carraro S.p.A., has been listed on the Italian Stock Exchange since 1995 (CARR.MI) and has its headquarters in Campodarsego (Padua). As at 30 June 2019, the Group has 3,196 employees – of which 1,479 based in Italy – and manufacturing facilities in Italy (3), India (2), China, Argentina, and Brazil. For additional information visit carraro.com.
The Carraro Group in India: a long history of growth
In 1997 Carraro SpA signed a 51% joint venture agreement in India with one of the major Indian industrial groups, Escorts Ltd, which led to the development of a project to create a production site in the Ranjangaon (Pune) area.
In 1998 the foundation stone of the Carraro India Ltd. Plant was laid, and the production of axles and transmissions officially began in 1999.
In 2005, a second Carraro production plant in India, specialized in the production of gears and components, was inaugurated in the same area.
As a confirmation of the centrality of the Indian market, in 2006 Carraro developed important projects to expand its activities in the Country; first with the acquisition of the entire capital of Carraro India and subsequently with the creation of Carraro Technologies India, a new Research and Development center in Pune, dedicated to the study and design of new products.
In parallel with the expansion of the local market, the Carraro activities in India were also growing and in October 2013 the Carraro Group further consolidated its presence in the country by inaugurating the new headquarters of the R&D center of Carraro Technologies India and in parallel a new production line, at Carraro India, focused on the production of advanced transmissions for agricultural tractors up to 120 hp.
In 2018, for the first time India became the Group’s first reference market (17.61% of turnover, + 42.4% compared to 2017), exceeding a turnover of 100 million euros thanks in particular to sales to the local market.
Carraro India – Plant 1 / Ranjangaon (Pune)
Staff: 820 people (600 are blue collars) / Plant area: 36,558 sqm
Products and applications: axles and transmissions for agricultural applications, transmissions for construction equipment applications.
Carraro India – Plant 2 / Ranjangaon (Pune)
Staff: 520 people (390 are blue collars) / Plant area: 20,880 sqm
Products and applications: gears and bevel gears, heat treatments, chemical-metallurgical analysis.
Carraro Technologies India Pvt. Ltd. / (Pune)
Staff: 60 people (technicians and engineers)
Activities: design and development of new products and technologies, innovative axles and transmissions, co-design.
Main customers of Indian plants: CNH, Caterpillar, John Deere, Mahindra&Mahindra, Escorts, Same Deutz, ITL/Sonalika, Erkunt, Tata Hitachi, Manitou, Bull Machines.
