Piaggio Vehicles Private Limited

Piaggio Vehicles Private Limited

Company limited by Shares (1) 2419+ 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
2419+ employees
CIN
U34102MH1998PTC113606
TYPE
Private
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
EMAIL
indranil.shende@piaggio.co.in
FOUNDED
17 Feb,1998
PAID-UP CAPITAL
341,150,000
AUTHORISED CAPITAL
400,000,000
97 Related Suppliers
1 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 2
Shareholding As On 2018-09-27

Piaggio Vehicles Private Limited in News

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).

15 Jun 2021

Cops to seize vehicles over 15 years old

Starting Tuesday, the Gurgaon traffic police will start impounding old vehicles and penalising the owners in order to reduce pollution. As per the National Green Tribunal’s (NGT) order, vehicles older than 15 years cannot ply on the roads of Delhi-NCR.

28 May 2021

Space crunch: 3.4 lakh vehicles towed in 2020

In 2020, despite the Covid pandemic curfew, the city traffic police department had towed and fined some 3.35 lakh illegally parked vehicles from various locations in the city.

12 May 2021

Two-wheeler demand likely to bounce back next quarter, says Piaggio MD

“If markets progressively open from June, we expect demand will pick up and we will be able to realise the set annual volumes,” Diego Graffi, managing director at Piaggio Vehicles, told ET. The company, which recorded good traction for its two-wheelers in the quarter ended March, is targeting sales of 100,000 units in the local market in 2021.

11 May 2021

China Hongqiao to start recycled aluminium production at year-end

The joint project with Germany's Scholz Recycling in an industrial park in Zouping will be able to process 500,000 tonnes per year of aluminium scrap and reduce average annual carbon emissions by 1.9 million tonnes when fully operational, according to the statement on an official WeChat account.

29 Apr 2021

Italy's Piaggio posts best-ever first-quarter results

The group said consolidated earnings before interests, taxes, depreciation and amortization (EBITDA) for the January-March period was up to 56 million euros ($67.93 million), from 39.8 million euros in the same quarter of 2020, beating a Refinitiv estimate of 48 million euros.

09 Apr 2021

Gujarat vehicle sales fall by 36% overall

The data shows that districts with municipal corporations registered declines over 37%. The biggest decline was in Surat which saw a 45% decline followed by Ahmedabad, where registrations fell by 42%.

Directors of Piaggio Vehicles Private Limited

Name DIN Email Designation Date of joining
Diego Graffi Unlock to View Unlock to View Director 09 Jun,2017
Mauro Prignoli Unlock to View Unlock to View Additional director 27 Apr,2015
Ulisse Spada Unlock to View Unlock to View Director 20 Apr,2012
Ravinder Singh Chopra Unlock to View Unlock to View Director 01 Apr,1998

Unlock Piaggio Vehicles Private Limited to view more data

Financials

Piaggio Vehicles Private Limited‘s balance sheet, profit & loss figures and Financial Ratios

Plant Details

Get plant information and details for Piaggio Vehicles Private Limited

Clients

Know the direct, tier 1 and foreign suppliers for Piaggio Vehicles Private Limited

Revenue Sources

Which business is the best revenue generator for Piaggio Vehicles Private Limited

Company Structure

Piaggio Vehicles Private Limited‘s subsidiaries, Joint Ventures, Associates & Signatories

Unlock