Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the USD 20.7 billion Mahindra Group today announced an investment of CHF 4.3 million (US$ 4.3 million) for an 11.25% stake in Switzerland based agri technology firm Gamaya SA.
AGCO, a worldwide manufacturer and distributor of agricultural equipment, has opened a new office in the northeast of Casablanca, Morocco. The new premises are to serve as the company’s regional sales office for West and North Africa.
Mahindra & Mahindra (M&M) plans to increase localization of its Scorpio pick-up at its factory in South Africa’s Durban, as it seeks to make deeper inroads into the adjoining African markets and get around trade barriers.
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.
Autonomous equipment was the topic of discussion at last month’s G20 summit, hosted in Niigata, Japan. According to The Japan Times, amid growing difficulty in the industry, larger Japanese manufacturers are pushing data-optimizing and field-tracking technology to help bridge the productivity gap.
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.
Allis Roller and HCC Inc., have begun a joint venture in Brazil. The new operation, called Allis Roller HCC, will focus primarily on serving major agricultural equipment manufacturers operating in South America, with the potential to expand into other industries.
Australian farm machinery dealers are experiencing contrasting fortunes as some see improvement on last year’s reduced volumes while others record a continuing decline in orders.
Kubota aims to look beyond its traditional R&D approach to new products by establishing Innovation Centers in Japan and Europe that will engage with other organizations to help identify new business ventures, products and services.
Italian tractor manufacturer SDF Group has pushed ahead with a major investment in Turkey despite a huge and sudden drop in unit sales in the Turkish market.
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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.