Engineering major Greaves Cotton will continue to work on operational efficiency, and has decided to shut its Ranipet (Tamil Nadu) plant as part of its exercise for consolidation of plants, its group CEO and Managing Director Nagesh Basavanhalli said. The company expects passenger three-wheeler segment, which has taken a hit due to concerns around shared mobility, to recover in the second half of this fiscal, he said. Greaves Cotton is a leading manufacturer of fuel-agnostic engines in CNG, petrol, and diesel segments. It operates in multiple segments, namely automotive, non-automotive, aftermarket, retail, electric mobility through Ampere Electric for electric scooters and other electric in
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