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Tractor industry to grow by 6-8% this fiscal: M&M

Last Updated: Friday, June 14, 2013, 18:43

M&M has wide range of tractors with 15-85 hp and other farm equipment, including harvesting solutions for rice, maize, sugarcane etc.

Lamborghini tractors to soon roar in Indian fields

Last Updated: Sunday, April 21, 2013, 14:39

After speeding with Lamborghini sports cars, affluent Indians will soon get a chance to plough fields with tractors of the same premium brand with Italian farm equipment maker Same Deutz-Fahr (SDF) Group planning to introduce the product here.

Mahindra to begin tractor production at AP plant next month

Last Updated: Saturday, December 15, 2012, 22:40

It now has employee strength of 641 and a vehicle assembly capacity of 218 vehicles per day.

Escorts launches tractors for commercial segment

Last Updated: Saturday, December 01, 2012, 20:14

The new tractor range is available in 25 to 50 HP capacity and this range has been developed keeping in mind the increasing usage of tractors in other than the farming segment, company's Head marketing Shenu Aggarwal told reporters here Saturday.

Demand for tractors to touch 8.6 units by 2015: Assocham

Last Updated: Sunday, October 14, 2012, 12:31

At present, the demand for tractors is about 5 lakh units in the country, Assocham said in the study.

Blackstone to acquire 12.5% stake in ITL for Rs 520 cr

Last Updated: Monday, October 08, 2012, 14:14

Blackstone Capital Partners (Singapore) VI, an affiliate of The Blackstone Group, has signed an agreement to acquire 12.5 percent of International Tractors Ltd (ITL) in a structured transaction for up to USD 100 million (Rs 520 crore), the investment firm said in a statement.

Tractor sales to pick up from October: Escorts

Last Updated: Wednesday, September 05, 2012, 18:37

At present, the total size of the tractor market in India is about 5.30 lakh units.

M&M to roll out first tractor from plant in Andhra Pradesh

Last Updated: Saturday, July 21, 2012, 21:37

The installed capacity of the plant will be 100,000 tractors which can be scaled up to meet additional demand.

Escorts launches two new tractor models

Last Updated: Tuesday, May 29, 2012, 18:02

Developed on the formula of 'bigger tractor bigger work', these tractors were first of their type in the country.

Escorts net profit down 75% in Jan-Mar quarter

Last Updated: Thursday, May 10, 2012, 22:59

Tractor major Thursday reported 75.24 percent decline in its standalone net profit for the quarter ended March 31, 2012, at Rs 18.13 crore.

M&M cuts tractor production, 3 plants to close two days a week

Last Updated: Friday, March 09, 2012, 19:19

Farm equipment major Mahindra & Mahindra on Friday said it will undertake tractor production cuts for two days per week at its three plants under a stock rationalisation programme amid slowing demand.

Aiming for No 3 position in China, US tractor markets: M&M

Last Updated: Tuesday, February 21, 2012, 23:39

The company has two joint ventures in China and one of them has become profitable last year, he said.