New Capacity for Farm Equipment in Pithampur – Hemant Sikka (M&M)

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Company is planning to see next level growth prospective along with figures and stats from last year sale, where industry have seen 1000 units of rice transplanters sale which was more than expectation. M&M, which is one largest tractor manufacture is planning to see the investment movement into their new facility for farm equipment with 200 crore, which will be dedicated for Farm equipment only. The information and new outlook prospective is being informed by Hemant Sikka, President Farm Equipment as tractor industry grew by 27% year-on-year touching 9 lakh units in 1 year, highest ever in the Indian tractor industry