March 2015: Karavan signs MoU with Kirloskar Oil Engines Limited

Karavan Advisory Enterprises LLP signs a MoU with Kirloskar Oil Engines Ltd (KOEL), part of $2.5 Billion Kirloskar Group for a Market Entry Strategy into Brazil (LatAm). Karavan will provide strategic support & local presence and help create a go-to-market and entry strategy, into Brazil (LatAm) to help KOEL become a global diversified company.

Kirloskar Oil Engines Ltd. (KOEL), based out of Pune, Maharashtra, India, is the leading manufacturer of small and medium diesel engines, large engines for nuclear, marine and stationary power plants and power generating units for residential, commercial, marine, defense applications and off highway equipment. KOEL is also a dominant player in the agriculture pumpsets market.