Kharif crop sowing acreage up by 13.92% 

 The total Kharif crops has been sown on 882.18 lakh ha area against 774.38 lakh ha area during the corresponding period of last year, as on July 31, 2020 according to the Ministry of Agriculture. This is an increase in area coverage by 13.92 per cent compared to last year in the country.  Rice accounte...Read more

Mahindra & John Deere leads in farm equipment rental space

There has been an increase in the adoption of renting farm equipment across the world because of crucial aspects of upsurge in global population and a simultaneous shortage of skilled labor. An increased reliance on technological advancements made in mechanization and massive increase in demand for food grain pro...Read more

CCI approves mutual acquisitions of Escorts Ltd, Kubota Agri Machinery India

The acquisition (i) in Escorts Limited (Escorts) by Kubota Corporation (Kubota) and (ii) in Kubota Agricultural Machinery India Private Limited (KAI) by Escorts under Section 31(1) of the Competition Act, 2002 has been approved by the Competition Commission of India (CCI). This will lead to the acquisition of 10 ...Read more

Russian scientists bring in innovation to precision farming system

A new system of markers that can be deployed in precision farming has been announced by scientists of the Tomsk State University, TSU which  relies on satellite images as the main source of information. Visual characteristics unique for particular soil indicators are studied and the library of collected ...Read more

Mahindra & Mahindra posts 12 % growth in tractor sales

Domestic sales of tractors of Mahindra & Mahindra Ltd. have grown by 12 percent from last year according to Hemant Sikka, President of its Farm Equipment Sector (FES). Domestic sales in June 2020 were at 35,844 units, as against 31,879 units during June 2019. Total tractor sales (Domestic + Exports) during Ju...Read more

Mahindra & Mahindra reports a minor surge in tractors sales in May

As a result of relaxation in COVID-19 lockdown along with good farmer sentiments, India’s largest tractor manufacturer, Mahindra & Mahindra’s Farm Equipment Sector’s (FES) tractor sales has witnessed a minor surge in the May 2020. With 2 percent growth, the company has sold 24,017 tractors in...Read more

Christian Radons to head global sales & services at CLAAS  

      Christian Radons will be joining the Group Executive Board at CLAAS with responsibility for the global Sales and Service division. He succeeds Bernd Ludewig, who will take on new activities outside the company.  "We would like to thank Bernd Ludewig for his successful development work...Read more

Mahindra & Mahindra reports a decline of 83% in tractor sales  

    The Covid-19 lockdown has made adverse impact on the sales of farm inputs required for the upcoming Kharif season. It seems evident in the sales of tractors of India’s largest tractor manufacturing company, Mahindra & Mahindra. The domestic sales of the company has declined 83 percent in ...Read more

CNH Industrial announces a progressive resumption of manufacturing operations  

  CNH Industrial today announced that the resumption of manufacturing operations is proceeding according to plan, and follows all COVID-19 health and safety protocols on a global basis. Central to this process is employee health and safety and agreements with trade unions, to ensure full engagement with the ...Read more

Sonalika Tractors achieves a milestone of selling 1 lakh annual tractors in 2020

One of the largest tractor manufacturer companies, Sonalika Tractors has crossed a mark of 1 lakh annual tractors sales in the Financial Year 2020.    The company has marked its presence not only in India but the brand is also a world leader, having a presence in more than 100 countries. The brand&rsqu...Read more

Mahindra & Mahindra records 27% dip in tractor sales in March

Amid COVID-19 pandemic, India’s largest tractor manufacturer, Mahindra & Mahindra has registered a 27 percent dip in its tractor sales in March 2020 as against the same month sales of 2019. Exports in the same period has registered a decline of 84 percent.    Mahindra & Mahindra’s F...Read more

CNH Industrial suspends European assembly operations until April 17

In light of the continuing emergency caused by the COVID-19 pandemic, CNH Industrial announced today that the majority of its European assembly operations will remain suspended until April 17.    Logistics hubs, and the related industrial and supply operations, remain operational to guarantee as timely...Read more