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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 March 2020, Kubota Corporation acquired a 10% stake in Escorts Limited for ₹ 1,042 crore (US$140.62 million) through preferential allotment, while Escorts Limited acquired a 40% stake in Kubota's Indian subsidiary, Kubota Agri Machinery India Pvt Ltd, for ₹ 900 crore (US$121.46 million). [7]
Established in 2010 at Majholi, Himachal Pradesh in Northern India, Agri King [8] produces a few models of tractors, which seem to be based on Steyr Tractors or Basak Tractors. The Agri King T44 40 HP model, Agri King T54 50 HP model, and Agri King 20–55 50 HP model with improved 24 speed synchro-mesh transmission.
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.
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Mahindra Tractors (India) Erkunt (Turkey)(part of Mahindra) ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%) Trakstar (formerly Mahindra Gujarat and Shaktimaan brands) Mancel (France) Majevica (Serbia) Massey Ferguson (US)(part of AGCO Corporation) McCormick Tractors (Italy)(part of ARGO SpA) Millat (Pakistan)
This is a category for Tractor manufacturers in India. Pages in category "Tractor manufacturers of India" The following 9 pages are in this category, out of 9 total.
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