Media Monitor
Competition
Escorts Kubota misses Q3 profit view on lower tractor demandedit
Indian tractor maker Escorts Kubota Ltd reported a smaller-than-expected third-quarter profit on Thursday, as lower demand offset the fall in costs. The company’s standalone net profit rose nearly 49% to 2.77 billion rupees (about $33 million) for the three months ended Dec. 31, but fell short of analysts’ expectations of 2.82 billion rupees, per LSEG data.
Sonalika Launches India’s Biggest Range of TIGER Tractors in 40-75 HP Segmentedit
Sonalika Tractors, India’s leading tractor export brand, has once again raised the bar for farmer performance with its latest product offering. In a significant development for the agricultural sector, the company has introduced the largest range of 10 advanced heavy-duty tractors under the ‘TIGER’ series, spanning the 40-75 HP segment.
Technology in Agriculture
Use solar pumps to reduce agricultural costs, Shahi advises farmersedit
Agriculture minister Surya Pratap Shahi, on Thursday, advised farmers in Bundelkhand to adopt solar pump technology for irrigation to reduce their agricultural costs.