Eicher Group is a conglomerate of the firms Eicher Goodearth Ltd., Eicher Ltd., Eicher Motors Ltd., Eicher International Ltd., and ECS Ltd., based in India.
Its origins date back to 1948, when Goodearth Company was established for the distribution and service of imported tractors. 1948 is a leap year starting on Thursday (link will take you to calendar). ...
In 1959 the Eicher Tractor Corporation of India Private Ltd. was established, together with Gebr. Eicher, a German tractor manufacturer. In 1960 the first tractor ever produced in India was put on the market. 1959 was a common year starting on Thursday (link will take you to calendar). ... 1960 was a leap year starting on Friday (link will take you to calendar). ...
Since 1965 Eicher has been completely owned by Indian shareholders. 1965 was a common year starting on Friday (the link is to a full 1965 calendar). ...
EicherMotors has announced the launch of its ‘Terra 16’, which is a 16 tonne tipper.
The company held a press conference in the city where EicherMotors Chief Executive Rakesh Kalra showcased the 16-tonne 147 HP Terra 16 offering gradability as high as 22.5 per cent.
Eicher also said that they sold 17,800 vehicles this year and are hoping to sell 4,000 ‘Jumbos’ under this category this year.
NEW DELHI: Commercial vehicle maker EicherMotors said on Tuesday its net profit has jumped by 78.5 per cent to Rs 10.48 crore for the quarter ended December 2002 from Rs 5.87 crore in the same period last year.
EicherMotors attributed the strong financial performance to growth in vehicle sales coupled with cost reduction.
"EicherMotors' strong performance is reflective of our continued focus on developing application based vehicles to suit the requirements of specific customer segments in both the domestic and international markets while maintaining a constant vigil on our costs," Eicher group chairman and CEO S Sandilya said.
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