Tractors

The new emission standard, Bharat Stage TREM IV, for tractors of engine power of over 50 horse power set to kick in from January 2023, will impact around 7-8 per cent of the domestic volume and manufacturers are expected to gradually pass the cost increases to customers, according to ratings agency ICRA. A big proportion of the overall industry, less than 50 horse power (HP), constituting around 92 per cent of sales in FY22 would continue to be governed by Bharat Stage TREM IIIA norms, ICRA said in a statement. The implementation of the revised emission norms for the over 50-HP segment were initially slated to be implemented from October 2020, but was deferred multiple times with the government taking cognisance of industry representations amid the disruptions brought about by the pandemic. "India remains a medium-to-high HP tractor market, with around 80 per cent of the sales coming from the 30-50 HP categories. "The revised emission norms applicable from January 2023 would apply

Tractor is the new buzz word trending in the high-tech circles of the city

Heavy rainfall in Bengaluru continued to affect people's lives in the Silicon City, forcing the authorities to press tractors and boats into service to wade through the inundated roads

The group is learning from an unsuccessful foray into e-scooters by focusing on electric tractors, three-wheelers and heavy commercial vehicles

The interest rate hike by RBI is unlikely to have a significant impact on tractor demand but high inflation is a concern that can affect sales, says Escorts Kubota Ltd Group CFO Bharat Madan

With this launch, Ashok Leyland becomes the first Indian firm to offer tractors with 41.5T gross combination weight (GCW) and 43.5T GCW in two-axle configuration, the company said in a statement.

Murugappa Group will also manufacture electric tractors this year through subsidiary

Company says is seeing high interest for new launched Scorpio-N; In the last three months, the stock has outperformed the market, by gaining 38 per cent as against a 9 per cent decline on the Sensex.

While the outlook for tractors has improved, analysts expect the auto business to be the key growth driver over the next couple of years.

Mahindra Group is also seeking funds for the EV unit and will club it with Italian design house Automobili Pininfarina to form a separate company, according to the report

The Haryana government on Monday introduced a bill in the state assembly to exempt tractors from the rule that bans diesel vehicles older than 10 years from plying in NCR areas

Haryana Chief Minister Manohar Lal Khattar on Monday said the state will bring legislation exempting tractors from the rule that bans diesel vehicles older than 10 years from plying in NCR areas.

Farm machinery and construction equipment major Escorts Ltd on Wednesday reported a 30% decline in total tractor sales at 7,116 units in November 2021.

In last 16 trading days, the stock of VST Tillers has soared 52 per cent after the company reported strong set of numbers for the quarter ended June 2021

Sentiments have turned negative due to the persistent rise in cases; farmers are saving cash for health-related exigencies

The company expects to build a strong balance sheet in digital business unit which will not just add to the growth of M&M Finance but also help to retain existing customers

One dead, many injured as protesters storm Red Fort

Over 200,000 tractors will be part of the 'kisan parade' and around 2,500 volunteers will be deployed to facilitate the movement of the vehicles

Mahindra & Mahindra Ltd (M&M) on Tuesday said it will manufacture its new tractor series K2 exclusively at its Zaheerabad facility in Telangana, where it will bring incremental investments of Rs 100 crore and double employment in the plant by 2024. The new K2 series is Mahindra's most ambitious light-weight tractor programme. It has four platforms and the company will introduce 37 models in various horsepower (HP) ratings for domestic and international markets, including the US, Japan and South East Asia, M&M said in a regulatory filing. The new tractor series has been developed through close collaboration between the engineering teams from Mitsubishi Mahindra Agricultural Machinery of Japan and Mahindra Research Valley, India. "The new series will enable Mahindra to introduce products across four new tractor platforms, in the sub-compact, compact, small utility and large utility tractor categories, covering 37 models across various HP points," it said. M&M Executive ..

"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar