Advancing Enterprise Risk Management Practices- A Strategic Framework by Naga...
HR Policy of Eicher Motors
1.
2. Established in 1948 it was previously named as Goodearth Company set up to sell and service
imported tractors.
Renamed as Eicher Tractor Corporation of India Ltd. Incorporated in 1958 at Faridabad .
Eicher came out with India’s first indigenously built tractor from its Faridabad factory in 1960.
Its headquarters is in Pithampur , Madhya Pradesh.
Manufactures Commercial Vehicles like Trucks, Buses, Ambulances , Troop Carriers, Tankers and
also non-automotive engines like Genset, Agro , Marine Applications.
It had a gross sales turnover of over INR 19,000 million ($US 424 million) in 2005–06.
3. Sources of recruitment in Eicher.
Campus Recruitment
Selected empanelled campuses.
Lateral Recruitment
Consultants.
Job sites.
Employee referrals.
5. Eicher has promotions on the quarterly basis.
Increments will be given to the employees
Promotion is primarily based on
Training.
Total Quality Management.
Performance Appraisal.
Communication & Interpersonal Relations.
Periodic Tests.
6. Current CEO of Eicher
Mr. Siddhartha Lal is the current CEO of Eicher.
He is Economics graduate from Delhi University.
P.G. Diploma (Mech. Engg.) from Cranfield University, UK.
M.S. (Auto. Engg.)from University of Leeds ,UK.
Former CEO of Royal Enfield.
Former CEO of Eicher
Mr. S. Sandilya was the former CEO of Eicher.
He is Commerce graduate from Chennai University.
MBA from Indian Institute of Management , Ahmedabad.
Current CEO of GMR Infrastructures Limited.
7. Eicher Motors signs strategic joint venture
with Polaris Industries.
The definitive agreement, signed between
Mr. Siddhartha Lal, CEO, Eicher Motors and
Mr. Scott Wine, CEO, Polaris.
Creation of a joint venture company with
50-50 partnership.
Design, develop, manufacture personal vehicles suitable for India.
The manufacturing facility will be located in India.
It will be governed by a board with equal representation.
Overall investment for three years will be Rupees 250 Crores approx.