Greaves Cotton, industrial and auto engine maker, is trying to use its indigenous expertise to make and market engines for the fast growing Light Commercial Vehicle (LCV) segment of the Indian automobile industry. The LCV market in India saw a 26% growth rate even during the recent recession. With LCVs not being very popular in the West, there are practically no Western technologies in the market, and the LCV engine technology has evolved more in India. Greaves’s G series of engines, which can be used for LCVs, has been designed and developed entirely in India.
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