Technologically Suave

A good example of a company that enjoys a technology-based moat is Cummins India Ltd. (CIL), India’s largest engine manufacturer. The company is into segments like power generation, industrial and automotive. It also caters to the growing market for gas and dual-fuel engines. Strong parentage. CIL is a 51 per cent subsidiary of Cummins USA. The latter is the world’s largest diesel engine designer and manufacturer in the above 200 horse power (HP) categories. Access to parent’s technology. The company draws upon the technical capabilities and technologies of Cummins Inc. This helps it develop advanced and fuel-efficient engines that are able to comply with evolving d