Competition
Sonalika records 43.5% domestic growth in April 2022edit
Financial Express – Online
Sonalika Tractors has recorded its highest-ever April month overall tractor sales of 12,328 units, an increase of 43.5% over last year. Succeeding its performance clocked in FY ’22 both in tractor sales and production, Sonalika Tractors has recorded its highest-ever April month overall tractor sales of 12,328 units. This is powered by April’s best domestic sales of 10,217 tractors, an increase of 43.5% over the 7,122 domestic tractor sales recorded on 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. Sonalika follows a unique approach of developing customised tractors ...
Mahindra to split its automotive business into three separate companies: Reportedit
Financial Express – Online
As per a report, Mahindra is looking at spinning off its tractor business, its EV manufacturing, and PV arm as independent companies. As per a recent report by ET, Mahindra could split its automotive business into three individual companies. Although reports claim that the demerger process is in its initial stages, Mahindra is looking at splitting its electric vehicles business, PV segment, and tractor sales into three independent companies. ADVERTISING As per reports, Mahindra’s electric vehicle business will be clubbed with Automobili Pininfarina to form a company. The tractor business is the most profitable amongst the three divisions, contributing to almost 80% of total profits, which will be a company of its own. People close ...
Govt. Policies
State agriculture policy aims to turn Goa into export hubedit
The Times of India – Online’
Goa government on Friday notified the Agriculture Export Policy (AEP) for Goa with the broad objective of increasing farmers income and state share in national agri exports. The policy aims to promote Goa as an agri export hub of India, develop requisite export-oriented infrastructure, promote novel, indigenous, organic, ethnic, traditional and non-traditional agri products for exports. Agriculture produce from Goa, like cashew, mancurad mango, Moira banana, alsando, korgut rice could form the export blanket of the state. “Goa can become an export hub owing to the facility of Mormugao port and Dabolim airport,” the policy states “All this can be achieved when efforts of farmers are coupled with development of necessary export infrastructure ...
Stubble Burning
Summer farm fires provide a preview to winter messedit
The Times of India – Online
Stubble burning in the neighbouring states is on rise after the harvest of the rabi crop. The NASA NRT VIIRS satellite data analysed by the Council on Energy, Environment and Water (CEEW) shows that Punjab, Haryana and Uttar Pradesh have recorded over 13,200, 4200 and 18,900 fire counts, respectively, between March 1 and May 5. The number of fires in Punjab is more than the 8,500 recorded in the same period last year. The farm fires currently have a negligible impact on Delhi’s air quality because the wind is not conducive for the transport of smoke, but experts advised that proactive measures should be taken now to control the burning of rice harvest ...
Tractor industry
Gujarat Farmer Builds Battery-run ‘Vyom’ Tractor Amid Rising Fuel Pricesedit
News18 – Online
As petrol and diesel prices skyrocket, a farmer in Jamnagar’s Kalawad has come up with a ‘Vyom’ tractor. The young farmer has built a battery-powered Vyom tractor for use in agriculture. Maheshbhai Bhoot, 34, is a resident of Pipper village in Kalawad taluka of Jamnagar district. He shares his profession with his father Maheshbhai Keshubhai Bhut. He has completed his education at TYBcom and obtained a government-approved ISO Certificate by doing an e-rickshaw course. The tractor made by the younger Maheshbhai has a power of 22 hp. It has a 72-watt lithium battery, which is a quality battery that does not have to be changed frequently. The battery is fully charged in 4 hours and lasts ...
Apollo introduces new ‘VIRAT’ range of agricultural tyresedit
Financial Express – Online
Apollo Tyres launched the new generation of Agriculture tyres in India, called VIRAT, in the presence of farmers and business partners. Apollo Tyres today launched the new generation of Agriculture tyres, in the presence of farmers and business partners in Chandigarh, in the northern part of India. Application-wise, the new ‘VIRAT’ range is an all-rounder, with superior performance in both Agri and Haulage segments, and is available in both, front and rear fitments. The new Apollo VIRAT tyre has been developed as a product with 20 lugs, which provides a strong grip and long life in both soft and hard soil conditions. The VIRAT range, in addition to improving the productivity of the tractors and ...