Articles Tagged with ''Mahindra & Mahindra''

Clean Seed Enters Agreement with Mahindra on Distribution of SMART Seeder

February 7, 2024 | Posted in Ag Equipment Business

Clean Seed Capital announces the signing of a technology license and manufacturing agreement with Mahindra which will manufacture and distribute SMART Seeder Mini-MAX in collaboration with Clean Seed.

Mahindra CEO: Company May Consider Spinning Off Farm Machinery Business

Anish Shah says while Mahindra is not looking at demerging the business right now, it may consider a spinoff because of 'huge' growth potential.

February 14, 2022 | Posted in Ag Equipment Business

Mahindra Group managing director and CEO Anish Shah says while Mahindra is not looking at demerging the farm machinery business right now, it may consider a spinoff because of "huge" growth potential that may require a "very different mindset."

Mahindra’s Tractor Sales Fall 19% in November

December 2, 2019 | Posted in Equipment & Equipment Sales

Indian tractor maker Mahindra reported that it had sold 21,032 units during November 2019, down by 19% from 25,949 units in November 2018.

Tractor Industry to Grow 8-10% Over the Next 2-3 years, Says Mahindra and Mahindra

June 10, 2019 | Posted in Ag Equipment Worldwide

Source: CNBC TV18

Mahindra and Mahindra (M&M) VP spoke positively last month of the tractor market and M&M’s future growth, despite the company reporting a mixed fourth quarter ended March 31st. Net profit was reported at Rs 969 crore ($139,148,400) in the fourth quarter, down 16% from the same period last year.

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.

Mahindra’s Total Tractor Sales Decline 8% in February

March 1, 2019 | Posted in Equipment & Equipment Sales

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), reported its tractor sales numbers for February 2019 on March 1.

Mahindra's Farm Equipment Sector Tractor Sales Up 17% in October

November 7, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales

Source: The Hindu

Total tractor sales (includes domestic sales in India and exports) for the month were at 47,376 units vs. 40,562 units during the same period last year.

Mahindra Abandons Chinese Tractor JV

September 1, 2017 | Posted in Chinese Ag Machinery Market, Mergers & Acquisitions

In order to independently pursue growth in China, the world’s largest tractor manufacturer, Mahindra & Mahindra, has announced it is selling its entire stake in a Chinese tractor joint venture company.

Deere Aiming to Grow Its India Operations

July 1, 2016 | Posted in Mergers & Acquisitions

If reports in the Indian press are accurate, John Deere is eyeing a major expansion in that country, which will put it head to head with some of the largest and well-established manufacturers of farm tractors.

Mahindra Takes a 35% Stake in Finnish Combine Firm

April 1, 2016 | Posted in Equipment & Equipment Sales, Mergers & Acquisitions

Mahindra & Mahindra, India’s leading manufacturer of farm tractors, is tapping into Western combine technology to tackle developing markets by securing an alliance with Sampo-Rosenlew of Finland.

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