Media Monitor
CLAAS Global Mentions
Claas to drop its Cargos range of forage wagonsedit
Agriland – Online
In a move that will come as little surprise to those following the market for forage wagons, a major manufacturer is to stop building the machines. Claas has just announced that after reviewing the future of forage production, it has decided to focus its manufacturing capabilities on its Orbis maize headers and cease production of the Cargos forage wagon range. In an investment programme totalling over €40 million, the company is to expand and modernise its facility at Bad Saulgau in southern Germany. An existing 5,000m² hall is being redesigned in order to create additional assembly space, in addition to the energy infrastructure being upgraded over several stages to meet future production capacity.
Competition
Sonalika Clocks Staggering 43.5 percent Domestic Growth to Register Highest Ever April Domestic Sales of 10 217 Tractors and Beats Industry Growth est. 41 percentedit
The Week – Online
Succeeding its record performance clocked in FY’22 both in tractor sales and production, India’s No1 tractor exports brand Sonalika is now ready to take the market by storm in FY’23. Sonalika Tractors has recorded its highest ever April month overall tractor sales of 12,328 units. This is powered by the best ever April’s domestic sales of 10,217 tractors, an increase of 43.5% over the 7,122 domestic tractor sales recorded in the April’21. With this, the company has beaten industry growth of est. 41% even at such high growth levels and prepared a strong platform to achieve the extraordinary yet again during the new financial year. One of India’s leading tractor manufacturer, Sonalika follows a unique ...
Mahindra’s Farm Equipment Sector Sells 39,405 units in India during April 2022 registering a growth of 51%edit
Orissa Dairy – Online
Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for April 2022. Domestic sales in April 2022 were at 39,405 units, as against 26,130 units during April 2021. Total tractor sales (Domestic + Exports) during April 2022 was at 40,939 units, as against 27,523 units for the same period last year. Exports for the month stood at 1,534 units. Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 39,405 tractors in the domestic market during April 2022, at a growth of 51% over last year. Our business witnessed strong growth with demand drivers staying on ...
Govt. Policies
Govt assures on fertiliser availability during Kharif season; says subsidy may rise to Rs 2.5 lakh cr this fiscaledit
The Economic Times – Online
The Centre on Monday stressed that availability of fertilisers during the current Kharif (summer-sown) season is more than the estimated demand, adding that its subsidy for this fiscal might increase to around Rs 2.5 lakh crore to ensure that farmers get crop nutrients at highly subsidised rates. The Centre further said it will take strict action against hoarding of crop nutrients and asked states to monitor fertiliser movement. It also told states to provide accurate information to farmers for ensuring there is no panic buying. Union Agriculture Minister Narendra Singh Tomar and Chemicals and Fertilisers Minister Mansukh Mandaviya jointly chaired a review meeting virtually on the situation of fertilisers with the agriculture ministers of ...
Paddy in India
Short-duration paddy variety PR-126 in high demand, being sold at a premiumedit
Hindustan Times – Online
As the state government announced financial assistance of ₹1,500 per acre to each of the farmers sowing paddy through the direct seeding of rice (DSR) technique, the PR-126 seed, the most famous short-duration variety of paddy crop developed by the Punjab Agriculture University (PAU), has gone off the shelves. The university had developed 2,600 quintals of seeds and put them on sale on March 20. But in nearly over a month, the entire stock was emptied. A major share of the seed was purchased by private seed dealers at ₹65 per kg. The huge demand and resultant scarcity have led to the black-marketing of seeds. While in Ludhiana the seed is being sold at ₹80 ...