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  PAST EVENTS
 
  Joint Venture with Motive Srl, 2006
   
 
Rotomotive Powerdrives India Ltd, incorporated in August 2006 is an Indo-Italian joint venture producing 3 phase AC motors and worm gearboxes in India. Rotomag Motors and Controls Pvt. Ltd and the Indian promoters hold 51% stake and Motive Srl and the Italian promoters hold the balance 49%.

Motive Srl, is a part of the RIB group which is a leader in Europe in automated entry systems. Motive has been growing consistently at over 40% CAGR with more than 50% sales coming from Exports.

In a short span, Rotomotive has gained acceptance in various industry segments like textiles, printing, packaging, agro, machine tools, process industries and HVAC.

For more information please log on to www.motive.it or www.rotomotive.com
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