Piaggio Vehicles Private Limited

Piaggio Vehicles Private Limited

Company limited by shares (1) 1774+ employees

Piaggio Vehicles Private Limited Description

Piaggio Vehicles Private Limited was established in the year 1998 and has its headquarters in Pune. The company also has regional offices in Chandigarh, Delhi, Jaipur, Pune, Ahmedabad, Bhopal, Raipur, Chennai, Hyderabad, Vijayawada, Bengaluru, Cochin, Kolkata, Patna, Lucknow, Jamshedpur, Bhubaneshwar, and Guwahati. It operates as a subsidiary of Immsi SpA. They offer three and four wheeler small commercial vehicles, three-wheeler goods transportation vehicles, and passenger and cargo vehicles, as well as customized vehicles for municipal and special purpose applications. They also offer their products through a dealer network in India, as well as exports to a range of countries from Africa to Central America. By setting global standards in vehicle performance and customer service, it has revolutionized the 3 wheeler cargo segment in India. Today the company offers a range of passenger and cargo vehicles for many customized applications. The company has now firmly established its position as an undisputed leader in the diesel 3w market. This impressive growth trajectory would not be possible without PVPL’s advanced R&D center, modern manufacturing unit and stellar network. Over the last 15 years more that 1.9 million Indian transporters have trusted apé for total dependability, reliability and profitability. Today, lacs of tonnes of cargo and millions of passengers are transported daily across the country on the apé. They have successfully introduced state-of-the-art products with world class technology in India. Its reputation is built on its efficient network spread across India, providing world class Customer Care. The company is honored with many prestigious awards, their journey inspires to engineer and produce world class vehicles that ensure a better livelihood and quality of life for millions across India.

Piaggio Vehicles Private Limited Overview

INDIA HO
PUNE
COMPANY SIZE
1774+ employees
CIN
U34102MH1998PTC113606
TYPE
Private
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
www.piaggio.co.in
EMAIL
Ankit.Surana@piaggio.co.in
FOUNDED
17 Feb,1998
PAID-UP CAPITAL
340,000,000
AUTHORISED CAPITAL
400,000,000
97 Related Suppliers
1 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 1

Piaggio Vehicles Private Limited in News

14 Oct 2021

Piaggio Vehicles opens EV experience centre in Bengaluru

The experience centre will give customers a platform to access Piaggio’s newly-launched FX range (fixed battery) of electric vehicles in both the cargo and the passenger segments. The Bengaluru centre will also serve the entire range of electric vehicles, the company said.

07 Oct 2021

No colour-coded stickers to spot polluting vehicles yet: Road safety expert

Out of Delhi’s 1.5 crore vehicles, 70% are two-wheelers and, besides this, around 20 lakh vehicles are 10-15 years old, but still running, he claimed. He further said the pollution from factories didn’t contain PM 2 and remained in the same area, while PM2 from vehicles spread throughout the city.

06 Oct 2021

Vehicle registration up by 31.5% in 9 months

While 19,005 vehicles were registered from January to September in 2020, the figure was 25,005 for 2021, according to data from Registering and Licensing Authority. In entire 2020, the number could only go up to 29,259.

25 Sep 2021

Piaggio's India arm sets up first EV facility in Chennai

"We are happy to open our first EV exclusive showroom in Tamil Nadu at Chennai. Chennai being a big metro and a major business hub, inter-city transportation business is one of the major economic drivers," said Saju Nair, EVP and Head of Commercial Vehicle Business, Piaggio India Pvt Ltd.

23 Sep 2021

LetsTransport to bring 1,000 EVs on its platform by next year

The company -- which commenced EV-led operations in Delhi-NCR, Hyderabad, Bangalore and Mumbai -- currently has a 100-vehicle strong EV fleet and it will introduce EVs to its fleet in Chennai, Pune and Kolkata, LetsTransport said in a statement.

21 Sep 2021

Madras HC upholds ban on crash guards, bull bars in vehicles

It noted the notification has clearly said that fitment of crash guards or bull bars was in violation of Section 52 of the Motor Vehicles Act, 1988, which prevents alterations in vehicles in variation to specifications mentioned in the registration certificate.

20 Sep 2021

Piaggio inks pact with MoEVing to supply EVs

"Our recently launched cargo variant Ape' E-Xtra FX has received tremendous response from customers. Through this partnership with MoEVing, we will further amplify our efforts towards creating affordable and sustainable last-mile connectivity solutions in goods movement space," Saju Nair, Executive vice president for CV Business, Piaggio Vehicles, said.

15 Sep 2021

After Singapore, Bengaluru likely to adopt Active Mobility Act

In Singapore, AMA promotes walking and cycling and patronage of public transport and ensures safety of public transport users. Violations like reckless riding, speeding, riding of non-compliant devices and others attract hefty fines as well as jail term up to six months.

10 Sep 2021

Crippling supply chain dampens automobile sales

“The effects of the shortage is more on the four-wheeler market than on two-wheelers. There is a good number of back orders to be serviced. The dealers are not holding a lot of inventory. They are not getting much from the manufacturers,” said Federation of Automobile Dealers Associations state chairman Amar Sheth said.

02 Sep 2021

BMW to reduce carbon emissions in car life cycle 40% by 2030

In order to achieve this, the Munich-based automaker intends to increase the proportion of recycled and reusable materials used in manufacturing its vehicles from 30% to 50%, it said in a statement released ahead of the IAA Mobility conference in Munich next week.

15 Jul 2021

Piaggio launches new dedicated EV dealership in Cochin

Saju Nair, EVP and Head of Commercial Vehicle Business, PVPL said, "Cochin being a major business hub, inter-city transportation business is one of the important sources of income for a lot of locals and our new range of electric vehicles will definitely help in increasing the earnability due to its low cost of operation and superior range."

30 Jun 2021

Asia's longest high speed test track opens in Pithampur

Asia’s longest and the world’s fifth high speed test track was inaugurated on Tuesday at National Automotive Test Tracks (NATRAX) in Pithampur. The 11.3 km facility is likely to attract global players for automotive testing and reduce dependence of Indian OEMs on foreign testing tracks.

30 Jun 2021

Logistics firm COGOS to augment its fleet with 2,500 electric vehicles

The Bengaluru-based company has partnered with OEMs such as Altigreen, Mahindra & Mahindra and Piaggio to enable its sustainable growth, the company said in a release. It has already entered into agreements for deployment of over 500 vehicles for leading e-commerce players and another over 300 with food, FMCG and mobility enterprises, the company said.

28 Jun 2021

Scrappage policy paves way for automotive circular economy

The scrappage policy will provide novel opportunities for both the new and the existing players to build a robust go-to-market offering and provide consumers solutions to ease the end of life of vehicle resale / purchase processes,” Som Kapoor, partner, automotive sector, EY India, said in a recent report. The report says that environmental issues and sustainability have become priorities with a focus on minimal use of non-renewable resources and minimal emission from pollutants. An important aspect of aggregated emission reduction is to increase circularity across the automotive industry’s value chain, including new processes and operating models related to end-of-life vehicles (ELVs).

Directors of Piaggio Vehicles Private Limited

Name DIN Email Designation Date of joining
Fabio Grimaldi Unlock to View Unlock to View Additional Director 26 Apr,2021
Praveen Kumar Agarwal Unlock to View Unlock to View Wholetime Director 03 Feb,2020
Diego Graffi Unlock to View Unlock to View Managing Director 09 Jun,2017
Mauro Prignoli Unlock to View Unlock to View Director 27 Apr,2015

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