Rotomotive Powerdrives India Ltd. incorporated in August 2006 is an Indo-Italian joint venture with Rotomag Motors & Controls and Indian promoters holding 51% stake and Motive s.r.l and the Italian promoters holding the balance 49%. The Italian and Indian promoters share an equal representation on the board. The joint venture agreement allows full access to current and future technologies of Motive s.r.l as well as a reverse flow of technology and buy back from Rotomotive to Motive.
The construction of our new plant was completed in July 2007 and in the first phase, Delphi series of Induction motors, worm gearboxes, heliworm gearboxes and brake motors were launched in India.
A product development team was inducted to absorb the technology and localize Motive’s products for the Indian market. This team has now been expanded to develop custom built products for the Indian OEM customers.
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