Greaves Cotton is exploring options to sell its construction equipment manufacturing plants. The company will sell all three assets at its Gummidipoondi facility in Tamil Nadu. The company had earlier announced that it has permanently shut manufacturing at its construction equipment plant at Gummidipoondi because it had become unviable and to avoid incurring further losses. The sale will mark Greaves Cottons exit from the construction equipment manufacturing business. Greaves Cottons equipment is mainly used for construction of roads, bridges, buildings, ready mix concrete applications among others. It also caters to the service and spare parts requirements.