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.
In opening the 25th International Belagro Expo in Minsk earlier this month, Vladimir Semashko, deputy prime minister of Belarus, said that 20 years ago the country’s manufacturers produced only 16-17% of the equipment required for growing staple crops.
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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.