Shaktiman, Indiaβs leading agricultural implements manufacturer and GRIMME Germany, the world leader in farm machinery & technology for potato, sugar beet & vegetable have entered into a 50:50 joint venture for technology collaboration and manufacturing & marketing of complete range of potato machines in India.
Grimme, world leader in potato, sugar beet & vegetable farm machinery technology and Shaktiman, India’s leading agricultural implements manufacturer had announced their 50:50 joint venture to develop & market potato and other root crop machines in India. This Joint Venture will leverage excellent German technology from GRIMME and state-of-the-art manufacturing capabilities of Shaktiman to design and develop full-line solutions for potato and other root crops. The Joint Venture will enable both partners to optimize their current and future capabilities in the sub-75 HP category.
Sharing of Technology
Shaktiman and Grimme will share their technology platforms to develop machines for other root crops such as onion, ginger, turmeric, etc. in the near future. The machines will be marketed and serviced through well-knit dealer network of Shaktiman in India.
Shaktiman is a Rajkot based family business founded in 1997 with more than 2500 employees and has ultra-modern production facilities and agile R&D department. Shaktiman is the largest exporter of agricultural machinery from India with exports to more than 90 countries.
Complete crop Solution
Ashwin Gohil, Chairman, Shaktiman shared his thoughts on joint venture, “This Joint Venture will be able to bridge the big gaps in farm mechanization for potato cultivation in India with availability of technically advance, indigenized and affordable machines.”
With Pan India dealer network, Potato & Root Crop Growers will be able to avail complete crop solution under one roof with exemplary standards of after sales service in line with Shaktiman’s mission of MAKING AGRICULTURE MORE ECONOMICAL.” added Hasmukh Gohil, Managing Director.
Catering needs of Indian market
The Grimme Group based in Damme, Germany is a family business founded in 1861. Grimme is the world leader of modern potato, beet and vegetable technology, marketed under the brands Grimme, SPUDNIK and ASA-LIFT. The GRIMME exports machines to more than 120 countries across the globe.
While talking about the partnership Christoph Grimme, Member of the Executive Board, Grimme, said, ‘‘we look forward to this partnership and are firmly convinced that we are combining our strengths to serve the growing Indian market. This JV will equip us to develop specific machines to cater the needs of India and similar markets’’
Mr. Franz-Bernd Kruthaup, CEO, Grimme, said ‘‘our combined expertise will enable this JV to harness the expanded opportunities and offer the farming community with reliable & world class machines. We look forward to a new future that will revolutionize the root crop market in India and beyond’’