1. To carry on or all any of the business of producers, manufacturers, generators, suppliers, distributors, developers or assemblers in India or abroad, either on its own or in collaboration with others or otherwise, diesel engines, pump sets and attachments and spares thereto, diesel turbines, boilers, diesel generating sets and any other energy devices and appliances of every kind and description.

2. To acquire and take over, as a going concern or otherwise, the undertakings or facilities for manufacturing, developing or assembling diesel engines, pump sets and attachments and spares thereto, diesel turbines, boilers, diesel generating sets and any other energy devices and appliances of every kind and description with the whole or any part its assets and liabilities pertaining to the said undertaking or facility, and to adopt, exploit and turn to account the agreements, contracts, patents, licences, letters of indent and other rights and privileges entered into or obtained by said undertaking or facility so far as they relate to the said undertaking or facility

3. To organise, conduct or manage engineering workshops or repair shops of all descriptions and to manufacture, import, export, buy, sell or otherwise deal in workshop machinery, machine tools and metals of all kinds and to undertake repairs and servicing of agricultural or commercial machinery or any other machinery equipment, implements and tools and render other kinds of service for consideration or otherwise