Greaves in engine supply deal with Piaggio

Newswire

MUMBAI, Jan 22 (Reuters) - Construction equipment and engine maker Greaves Cotton Ltd said on Tuesday it has entered into a eight-year supply deal with Piaggio's Indian unit. Greaves will be a single source supplier of mono cylinder diesel engines for three-wheelers made by Piaggio , it said in a statement. Piaggio is already Greaves' top customer. Piaggio is also settting up a plant in India to make engines. (Reporting by Narayanan Somasundaram; Editing by Prem Udayabhanu)

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