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In 2013, India produced 619,000 tractors accounting for 29% of world's output. It is the world's largest producer and market for tractors. [1] [2] India currently has 16 domestic and 4 multinational corporations manufacturing tractors. In 2014 Zetor come back in India and linked with the local tractor manufacture companies to supply 40 to 75 hp ...
It is the 3rd largest manufacturer of tractors in India, with the capacity to produce 3,00,000 (0.3 million) tractors a year, as of June 2017. The company has become the No.1 company in exports from India selling 35,000 tractors in FY 2021-2022 and is active in 150+ countries. [2] It manufactures tractors ranging from 20 HP to 125 HP.
Mahindra Gujarat Tractors Limited, is a Farm Tractor manufacturer now part of Mahindra & Mahindra from the Government of Gujarat in 1999. It the oldest running tractor unit in India. The Mahindra Group has a 60% stake, the remaining 40% being held by the Government of Gujarat. Its best selling models is Hindustan 60.
To enhance and complete the extensive range of engines produced by the Deutz AG across emission standards for both domestic and export markets, TAFE Motors and Tractors and Deutz AG will work together to jointly manufacture 30,000 engines in the 2.2L (50-75 hp) and 2.9 L (75-100 hp) displacements under license at TAFE Motors' manufacturing ...
The company is the largest tractor manufacturer in India [5] and has the capacity to build 150,000 tractors a year. [ 6 ] M&M produced its first tractor in 1963, the Mahindra B-275, by forming a joint venture with International Harvester to manufacture tractors carrying the Mahindra nameplate for the Indian market.
In April, inventory levels of high-horsepower tractors (300 and above) in the U.S. surged by almost 107% year-over-year, with combine inventory experiencing a 17.63% increase, according to ...
A year earlier, it earned $2.86 billion, or $9.65 per share. The performance easily beat the $7.86 per share that analysts polled by Zacks Investment Research were calling for.
It is the top tractor company in the world (by volume) with annual sales totaling more than 200,000 tractors. Since its inception, the company has sold over 2.1 million tractors. [ 96 ] Mahindra & Mahindra's farm equipment division ( Mahindra Tractors ) has over 1,000 dealers servicing approx. 1.45 million customers.