Carraro India has secured an engineering services contract from TI Clean Mobility – Montra Electric.
The contract involves carrying out a detailed feasibility study and subsequent industrialisation of E-Transaxles for electric-powered agricultural tractors. This initiative is part of a broader product industrialisation and supply agreement signed between the two companies. Under the contract, Carraro India will provide engineering solutions and production readiness of the E-Transaxles, which are key components for electric tractors aimed at enhancing agricultural productivity and sustainability.
The total contract value stands at Rs 17.50 crore. The work is scheduled for completion by March 2027, although timelines may be adjusted based on customer feedback and approvals.