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Articles Tagged with ''Mahindra''

Mahindra to Open New Manufacturing Facility in Brazil

August 15, 2022 | Posted in Ag Equipment Worldwide

Indian multinational Mahindra announced a plan to open its second factory in Brazil due to the rapid growth in the Brazilian market. The company already accounts for 5.2% of the country’s tractor market.

Brazil Expects to Close Year with 40% Sales Increase

December 15, 2021 | Posted in Ag Equipment Worldwide

Data from the Brazilian Assn. of Industries of Machine and Equipment (Abimaq) estimates the country would end the year with a 40% hike in sales of agricultural machinery when compared to the previous year.

Mahindra Takes Control of Ag Equipment Operations in South Africa

November 17, 2021 | Posted in Ag Equipment Worldwide

A recent report from Zawya stated Mahindra will officially take control of its ag equipment distribution and operations in South Africa, after having operated in South Africa since 2019 via "regional resellers."

Mahindra Farm Division CEO Shubhabrata Saha Resigns

August 10, 2021 | Posted in Ag Equipment People

According to a report from ETAuto, Mahindra Farm Division CEO Shubhabrata Saha has resigned after over 20 years at the company.

Mahindra Reorganizes Ag Equipment Business in Turkey

July 7, 2021 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

According to a report from the Economic Times, Mahindra and its subsidiary Erkunt Traktor Sanayi A.S. (Erkunt) have agreed to acquire another subsidiary of Mahindra, Hisarlar Makina Sanayi ve Ticaret Anonim ?irketi (Hisarlar).

Brazil: Mahindra Seeks New Dealership Partners

June 15, 2021 | Posted in Ag Equipment Worldwide

After growing sales by 39% in 2020 over 2019, Mahindra has announced it will seek new partners for dealerships in Brazil to fill the current demand. In the first quarter of 2021, the sales jumped 34% compared to the same quarter of last year.

Mahindra to Pay for Indian Dealership Employee COVID-19 Vaccines, Medical Insurance

May 25, 2021 | Posted in Ag Equipment Worldwide

According to various reports, Mahindra has announced, in a letter to dealers, various measures to protect manufacturing and dealership employees from a new wave of COVID-19 in India.

Kubota & Mahindra to Collaborate in Japanese Ag Equipment Market

April 6, 2021 | Posted in Ag Equipment Worldwide

Mahindra recently stated in a regulatory filing that the two companies have entered into a "business collaboration arrangement" that will "respond to diversifying customer needs and contribute to the sustainable development of Japanese agriculture."

Mahindra Appoints New Managing Director, CEO

March 28, 2021 | Posted in Ag Equipment Worldwide

The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah, presently the Deputy Managing Director and Group Chief Financial Officer, would take over as the Managing Director and Chief Executive Officer, effective April 2, 2021.

Mahindra Confirms 48 Employees Laid Off Last Year in Ag & Automotive Divisions

March 16, 2021 | Posted in Ag Equipment Worldwide

According to a report from Trak.in, Mahindra confirmed that it had let go 48 employees last year from its automotive and farm equipment segments, with another 98 having been 6 months to find a new job.

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