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Sonalika Tractors Reports 42% Sales Growth in FY21

April 12, 2021 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

Sonalika Tractors recently reported sales growth in its domestic market of 42%, for an annual sales volume of 139,526 tractors in its fiscal year 2021.

Kubota Reportedly Takes Stake in India Tractor Maker Escorts Ltd.

March 20, 2020 | Posted in Ag Equipment Worldwide

According to a March 20 report, Kubota Corp. has taken a 10% stake in Indian tractor manufacturer Escorts Ltd.

SDF Group Investing $7.7M in Its Indian Production Plant

February 4, 2020 | Posted in Ag Equipment Worldwide

The Italy-based SDF Group, manufacturer of Deutz-Fahr, SAME and Lamborghini tractors, has embarked on an investment project that will modernize and expand its Indian tractor and engine manufacturing plant.

Zetor Signs Accord for Indian Tractor Development

February 3, 2020 | Posted in Ag Equipment Worldwide

Czech tractor maker Zetor aims to rebuild its presence in India through a cooperation agreement with local manufacturer VST Tillers Tractors to jointly develop a new model, primarily for sale in India but also for export to selected markets.

Mahindra Records Growth in Domestic Tractor Sales, While Exports Fall 12%

October 15, 2019 | Posted in Ag Equipment Worldwide

Indian tractor manufacturer Mahindra sold a record number of tractors in its most recent financial year, as the domestic market continued to grow sufficiently to offset lower export sales resulting from inventory adjustments in key markets.

Grimme Forms Potato and Root Crop Equipment JV in India

June 5, 2019 | Posted in Ag Equipment Worldwide

One of India’s leading manufacturers of farm equipment is entering the potato and root crop sector through a joint venture with Grimme, one of the world’s leading manufacturers of planting, harvesting and bulk handling products for such crops.

Indian Tractor Makers Report Drop Off in Domestic Sales in April

May 7, 2019 | Posted in Equipment & Equipment Sales

Mahindra & Mahindra’s Farm Equipment Sector reported that its domestic tractor sales fell 8% and exports increased by about 2% in April.

Indian Tractor Sales Mixed in December

January 2, 2019 | Posted in Ag Equipment Worldwide

Two of India’s tractor makers reported December 2018 sales results and neither was heading in the same direction.

Italy’s Argo Tractors and ITL of India Form Partnership to Build Utility Tractors

December 20, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

A partnership agreement between India’s International Tractors Ltd. (ITL) and Argo Tractors will result in the Italian manufacturer of Landini and McCormick equipment sourcing “utility” models from ITL for selected markets.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.

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