M&M to set up a new tractor plant, scouting for land in Punjab, elsewhere
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According to people in the know, the new tractor plant is expected to have a minimum capacity of 50,000 units a year. The exact quantum of investment is yet to be defined as the company is deliberating over what operations to outsource or manage internally.
Agencies
M&M said Punjab is its preferred location for a new tractor plant. However, it said it’s in talks with a few others as well without naming any state. (Company Image)
Mahindra & Mahindra, the country’s largest tractor maker, is scouting for land in Punjab, and some other states to set up a new manufacturing facility to meet future demand as its existing plants are operating over 100% capacity.
Swaraj Tractors launches series of initiatives in paddy mechanisation in Andhra Pradesh & Telangana
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Last Updated: Mar 09, 2021, 03:58 PM IST
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As one of the largest tractor players in both markets and with paddy as one of the main kharif crops of the region, Swaraj recently launched the New Swaraj 742XT tractor.
Agencies
To connect with the customer the company recently launched a new brand campaign ‘Josh Ka Raaz Mera Swaraj’.
Swaraj Tractors, a part of the USD 19.4 billion Mahindra Group and one of the fastest growing brands in the domestic tractor market, has introduced a series of initiatives in paddy mechanisation in Andhra Pradesh & Telangana, as the company strengthens its presence in the region.
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