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Thursday / November 21. 2024
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With this acquisition, Fowler Westrup becomes the world’s leading seed and grain processing company

Fowler Westrup India Pvt Ltd, a leading company in providing one-stop solutions for seed & grain processing with its range of equipment and machinery, announced the acquisition of Netherland-based Seed Processing Holland (SPH), a global leading producer of advanced seed processing equipment from H2 Equity Partners.

With this strategic acquisition, Fowler Westrup becomes the world’s leading seed and grain processing company and will serve its customers in the vegetable and field crop seed processing segments in different parts of the world with an extended product portfolio and innovative solutions. Additionally, the group can leverage Fowler Westrup’s global sales and service network, manufacturing footprint and engineering capabilities. Together, the combination will be at the forefront of modernising the seed processing industry, to further develop sustainability and improve automation in the sector.

Shardul Kshirsagar, CEO, of Fowler Westrup India, said, “We are pleased to announce the acquisition of SPH; after the acquisition of Premium Seed Machines in the Netherlands, this is a logical step for us. With this acquisition, Fowler Westrup India, with its “String of Pearls” strategy, takes up a leading position in the industry to provide complete solutions to global seed companies. The high quality of SPH’s solutions reflects the company’s 57 years of dedication to seed processing. With our combined efforts and continued focus on innovation, we will be in a stronger position to transform the seed processing industry in partnership with our customers.”

With this acquisition, Fowler Westrup becomes the

According to a new market research report titled, Seed Treatment Machine market, the seed treatment machinery market (coating and drying) is expected to reach $1.53 billion by 2029, at a CAGR of 7.2 per cent from 2022 to 2029. In terms of volume, the seed treatment machinery market (coating and drying) is expected to reach 331,357 units by 2029, at a CAGR of 3.6 per cent from 2022 to 2029.

The seed treatment machinery (coating and drying) market is segmented based on type (drum coaters, rotary drum dryers, fluidized bed dryers, rotostat coaters, other seed treatment machinery), crop type (cereals & grains, oilseeds, fruits and vegetables, pulses, and other crops), and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on type, in 2022, the drum coaters segment is expected to account for the largest share of the seed treatment machinery (coating and drying) market. Furthermore, in terms of volume, in 2022, the drum coaters segment is expected to account for the largest share of the seed treatment machinery market (coating and drying). The growth of this segment is attributed to the benefits provided by fluidized bed dryers, such as automated processing, low process time, and stipulated control on temperature based on the seed type, size, chemical formulation, and capacity.

According to a new market research report

The company has registered its highest ever Q1 overall sales of 39,274 tractors, which is 18 per cent growth above 33,219 overall tractor sales recorded in the corresponding period in FY’22

India’s No1 tractor export brand, Sonalika Tractors has been creating new product as well as performance benchmarks ever since the FY’23 inception and has proudly rewritten its record books yet again. The company has registered its highest ever Q1 overall sales of 39,274 tractors, which is 18 per cent growth above 33,219 overall tractor sales recorded in the corresponding period in FY’22. With a dominating Q1 performance, the company has further accelerated its journey in the on-going financial year and cemented its position for upcoming seasons ahead.

Despite unprecedented heat wave affecting crop production across the country, the MSP uptick from government side has facilitated healthy rural cash flow, thereby driving tractor overall demand in Q1 FY’23. As monsoon continues expand base across the country, Sonalika Tractors will remain at the forefront to support farmers win their everyday farming challenges.

Commenting on achieving the new Q1 performance milestone, Raman Mittal, Joint Managing Director, International Tractors Limited, said, “Delivering on farmer’s expectations month after month empowers us to set new benchmarks both in terms of product as well as performance. Achieving our highest ever Q1 overall sales of 39,274 units with 18% growth is a testament that we understand farmers and their regional market requirements well, which subsequently boils down to reinforced farmer trust in brand Sonalika. Strategically supported by our unique approach of customising our tractor portfolio, I am optimistic that we have set our FY’23 course in right direction for upcoming seasons later during the year. Sonalika Tractors will continue to address regional farmer requirements to ensure high productivity and income for their buoyant future.”

The company has registered its highest ever

The global agriculture equipment market is expected to grow from $163.4 billion in 2021 to $295.3 billion by 2030, at a CAGR of 6.8 per cent during the forecast period 2022-2030

As per the report published by The Brainy Insights, the global agriculture equipment market is expected to grow from $163.4 billion in 2021 to $295.3 billion by 2030, at a CAGR of 6.8 per cent during the forecast period 2022-2030.

Agriculture equipment is a must for farming these days as there is a shortage of labour and the labour-intensive works from land development to harvesting and threshing need to be done by machinery.

One of the major restraints of the agriculture equipment market is the lack of skilled labour for operating the technologically advanced equipment. Several farmers are reluctant on purchasing these equipment as they don’t have the proper skill for using this equipment. This is restraining the growth of the market.

There are several organisations and government bodies which are providing loan to farmers at low-interest rates or at no interest rates which is an opportunity for the growth of the market. The outbreak of the Covid-19 pandemic affected the market growth as several manufacturing units shut down which resulted in a shortage of raw materials and components and delayed production of the agriculture equipment.

The global agriculture equipment market is expected

North America held the highest share in 2020, contributing to nearly two-fifths of the total market

According to the report published by Allied Market Research, the global autonomous tractors market generated $1.56 billion in 2020, is projected to reach $11.58 billion by 2030, manifesting a CAGR of 20.9 per cent from 2021 to 2030. The report offers an extensive analysis of changing market trends, value chain, top segments, top investment pockets, regional scenarios, and competitive landscape.

Rise in income, enhanced productivity, growing demand for food, and encouraging government initiatives drive the growth of the global autonomous tractors market. However, lack of awareness, technology integration among farmers, and high initial investment and maintenance costs hinders the market growth. On the other hand, introduction of drones in agriculture and growing technological advancements create new opportunities in the coming years.

The report offers detailed segmentation of the global autonomous tractors market based on component, application, and region.

By component, the GPS segment contributed to the highest share in 2020, accounting for nearly one-third of the total market share, and is expected to maintain its lead during the forecast period. However, the vision system segment is projected to witness the highest CAGR of 21.7 per cent from 2021 to 2030.

By type, the tillage segment accounted for the largest market share, contributing to more than one-fourth of the global autonomous tractors market in 2020. However, the seed sowing segment is expected to portray the largest CAGR of 21.7 per cent from 2021 to 2030.

By region, North America held the highest share in 2020, contributing to nearly two-fifths of the total market. However, Asia-Pacific is projected to witness the fastest CAGR of 22.7 per cent during the forecast period.

North America held the highest share in

The new YM3 series is fully tailored as per Indian farmer requirements and robustly designed for Indian conditions

One of leading tractors manufacturers in India, International Tractors Limited has widened its footprint under the Solis Yanmar brand portfolio with the launch of its new YM3 tractor series. Also known as Global 4W Drive experts, Solis Yanmar has introduced two new tractors – YM 342A and YM 348A that are fully tuned to deliver higher productivity and unmatchable performance. Built with 110-year-old diesel engine expertise of Yanmar, the new YM3 series is fully tailored as per Indian farmer requirements and robustly designed for Indian conditions. The YM3 tractor range fully sealed tractors with premium features like world class engine, fully synchromesh gear, push button operated PTO and carries optimum weight to address both farming as well as special application needs of farmers.

Even before being launched in India, the YM3 tractor range has already been globally successful while being exported to Thailand, South East Asian countries, Europe, Brazil as well as US markets. The Yanmar YM3 series features aerodynamic hornet design with ergonomically designed 4-way adjustable seat and power steering for farmer comfort. At the heart of tractor lies the legendary Japanese Engine Technology that has been refined to offer best performance. The tractor powerhouse is a 4-cylinder engine with Monoplunger FIP and feather touch 8F + 8R shuttle shift transmission, coupled with balancer shafts to eliminate noise and vibration for superior performance.

Sharing his vision during the new launch, Raman Mittal, Joint Managing Director – ITL, said, “The tractors are optimally designed with world’s best Supernova engine by Yanmar, the 110 year old Japanese diesel engine giants. Also, the YM3 series tractors are fully designed with top end features to offer extraordinary performance and safety without compromising farmer’s comfort. Our engineers have made sure that the YM series tractors deliver zero noise & zero vibration so as to allow long, fatigue-free working hours under diverse operations. Solis Yanmar will continue to offer new tractor range to address every application specific need of farmers.”

Solis, in collaboration with Yanmar, has developed wide tractor range that is optimised for significant productivity increase but reduce water consumption during agriculture.

The new YM3 series is fully tailored

The autonomous tractor will be available to farmers later this year.

John Deere, an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, has revealed a fully autonomous tractor at CES 2022, that’s ready for large-scale production. The machine combines Deere’s 8R tractor, TruSet-enabled chisel plow, GPS guidance system, and new advanced technologies. The autonomous tractor will be available to farmers later this year.

The autonomous tractor serves a specific purpose: feeding the world. The global population is expected to grow from about 8 billion to nearly 10 billion people by 2050, increasing the global food demand by 50 per cent. All of these factors impact a farmer’s ability to farm during the most critical times of the year.

  • The autonomous tractor has six pairs of stereo cameras, which enables 360-degree obstacle detection and the calculation of distance.
  • The autonomous tractor is also continuously checking its position relative to a geofence, ensuring it is operating where it is supposed to, and is within less than an inch of accuracy.

To use the autonomous tractor, farmers only need to transport the machine to a field and configure it for autonomous operation. Using John Deere Operations Centre Mobile, they can swipe from left to right to start the machine.

John Deere Operations Centre Mobile provides access to live video, images, data and metrics, and allows a farmer to adjust speed, depth and more.

The fully autonomous tractor will be on display from January 5-8, 2022 at John Deere’s CES booth, located in Central Plaza at the Las Vegas Convention Centre.

The autonomous tractor will be available to