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.
Mahindra USA, the number one selling tractor in the world based on volume, announces plans for an exclusive Southeast Mahindra Assembly and Distribution Center in January 2014, expanding one of the company's four tractor assembly and distribution facilities in North America.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.