Carraro India Wins ₹17.50 Crore Engineering Services Contract from Montra Electric for Development of E-Transaxle for Electric Tractors

Carraro India Ltd
Image Courtesy: Carraro India Ltd

Carraro India Limited, a leading independent Tier-I manufacturer and technology partner for axles, transmission systems, gears, and related components, has secured a major engineering services contract from TI Clean Mobility Private Limited – Montra Electric. The ₹17.50 crore agreement covers the detailed feasibility and industrialization of an advanced E-Transaxle system for electric-powered agricultural tractors. This project marks a significant strategic milestone for Carraro India, reinforcing its position as a key technology provider in India’s rapidly evolving tractor and agri-equipment industry.

Sharing his thoughts on the development, Dr Balaji Gopalan, Managing Director of Carraro India Limited, said, “Securing this contract represents an important step in our journey as a technology-driven product partner for the Indian tractor segment. The E-Transaxle technology will enhance tractor performance through improved efficiency and sustainability. This collaboration reaffirms our commitment to innovation and excellence while enabling us to deliver advanced, future-ready solutions to our customers. We look forward to successfully implementing this technology in our upcoming product line.”

Established in 1997, Carraro India Limited is an integrated engineering solutions provider with in-house design, development, and manufacturing capabilities that support the entire value chain. The company is part of the global Carraro Group, known for designing and producing transmission systems—axles, drives, and gear assemblies—primarily for agricultural, construction, and off-highway vehicles. Carraro’s products play a vital role in OEM equipment, serving critical applications across tractors, backhoe loaders, compact wheel loaders, telehandlers, cranes, forklifts, and aerial work platforms.

The company’s operations include two advanced manufacturing plants in Pune equipped with robust R&D infrastructure and proprietary technologies. Its driveline facility handles casting, machining, assembly, prototyping, testing, and painting, while the gears plant specializes in precision machining and heat treatment processes such as carburizing, induction hardening, and nitriding. Supported by a strong network of 220 domestic suppliers across eight Indian states and 58 international partners, Carraro India continues to strengthen its leadership in delivering world-class engineering and manufacturing solutions for the mobility and off-highway equipment sectors.