ET Auto » Tractor
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ET Auto » Tractor
1y ago
As part of its 'China plus' strategy, the Italian-American company has clear visibility of at least tripling its sourcing from India to worth over $300 million by 2024, the executives at CNH Industrial (India), told ET, adding that it could be increased to half a billion dollars in three to five years ..read more
ET Auto » Tractor
1y ago
It added the liability of a person working either on ploughing or crushing machines attached to the tractor and who is travelling on the mudguard is not required to be covered by the statutory insurance under section 147(1 ..read more
ET Auto » Tractor
1y ago
This new hybrid tractor is developed in collaboration with its Japanese partner Yanmar Agribusiness Co. Ltd. to deliver benefits of three tractors in one ..read more
ET Auto » Tractor
1y ago
Total tractor sales, including exports of 1,244 units, during December 2020 were at 22,417 units, as against 17,991 units for the same month last year ..read more
ET Auto » Tractor
1y ago
The uptick from April to May to June, as we have moved from lockdown to unlock, has been very good in rural areas and quite noticeable everywhere else also. That gives us a reason to be optimistic, says Dinanath Dubhashi MD & CEO, L&T Finance ..read more
ET Auto » Tractor
1y ago
With domestic traffic expected to drop by 50% and international traffic by up to 60% this fiscal, demand for tractors is expected to remain in the aviation industry. The Indian construction too is expected to contract by 7.5% in 2020, which would result in a decline in tractor demand in the construction sector ..read more
ET Auto » Tractor
1y ago
M&M’s stock has gained 50 per cent in the previous three months and is trading at 16 times its one-year forward projected core auto business earnings, which is close to its long-term mean level ..read more
ET Auto » Tractor
1y ago
Tractor is the only segment of the automotive market that has seen double digit sales growth since July, with September retails up 80% year-onyear. As a result, tractor companies are ramping up production capacity hoping that this sales spike will continue beyond the festival and harvest season ..read more
ET Auto » Tractor
1y ago
Vardhan front is a four rib tyre, leading to better load distribution ..read more
ET Auto » Tractor
1y ago
"We are already growing above pre-COVID-19 levels...Both at capacity utilisation and sales we are above pre-COVID-19 levels...Our stated capacity is around 10,000 tractors per month but we are going beyond the capacity and are trying to stretch as much as we can because the demand is so strong that we are unable to make it," Escorts Group CFO Bharat Madan told ..read more