April 1999
With the global acquisition of Aeroquip Vickers, Eaton acquired two manufacturing plants for Hydraulic Components and systems in Maharashtra.
January 2002
The Mumbai Hydraulics Plant was merged into the Pune operations.
June 2003
Eaton India Engineering Center was established in Pune to focus on product development and engineering efforts for Eaton’s global markets.
March 2004
A team was formed in India as an extension of Eaton’s global sourcing effort, to tap the immense sourcing potential that India offers.
June 2004
As Eaton completed its acquisition of Powerware from Invensys, the New Delhi based facilities of Powerware were also integrated into Eaton’s India operations.
June 2005
A Global Support Service Center was established in Pune as an India Based customer center, serving Hydraulics and Aerospace customers in the US, Europe & the Asia Pacific.
June 2005
The delisting of VSIL shares from the Mumbai and Pune Stock Exchanges were completed, paving the way for a wholly owned Eaton entity status. As of September 2006, Eaton holds 97.6% of VSIL.
November 2005
Asia Pacific Shared Services Center set up to serve the Asia Pacific markets for Transaction Management, Invoice receipt and matching, Accounts Payable, Accounts Receivable and GL Accounting.
January 2006
The India Information Technology Center, set up to provide IT Security for MFG Pro for Eaton users, implementation of Engineering COE for integrating Matrix 1 with CAD applications.
October 2006
Eaton’s Truck Component Operations have initiated their India Operations and industrial land has been acquired in Ranjangaon, Maharashtra for the new manufacturing facility.
January 2007
Eaton announced the construction of a medium- and heavy-duty truck transmission and component plant in Ranjangaon, India. |