ITL launches first hybrid tractor in India at INR 7.21 lakh
This new hybrid tractor is developed in collaboration with its Japanese partner Yanmar Agribusiness Co. Ltd. to deliver benefits of three tractors in one.
International Tractor Ltd was established in the year 1969. One of company's key element of ITL's growth is their strong commitment to the global marketplace. The company manufactures and sells farm machinery and equipment. They offer tractors, agricultural implements, silent generators, pick & carry cranes, auto components and engines. They constantly align their production platform according to their customer's demands. This results in the company making their presence felt in more than eighty countries across the continents and their international opportunities and pursuits growing rapidly. The company's global recognition has been popularized by a strategic investment into the group by leading popular international brands like Yanmar of Japan, Private Equity Partner and Black Stone of Singapore. The company has established a well-equipped research and development centre through their world class integrated manufacturing facility. The company also has a consistency in their quality of products & services and their customer related approaches. The company aims to become a reputed global player in the coming years. The company's research and development department plays an important role in the life cycle of the product. It works with the production & sales department, helping in monitoring the day to day demand function of the international market and developing products that delivers effectively. They are committed to producing and developing new product designs, existing product updates and quick checks and innovation. At present, the group is among the top three tractor manufacturers in India and provides a complete range of products that include: tractors, multi-utility vehicles, engines, farm machinery attachments, diesel gensets, auto components and pick & carry cranes.
This new hybrid tractor is developed in collaboration with its Japanese partner Yanmar Agribusiness Co. Ltd. to deliver benefits of three tractors in one.
This joint venture shall enable Shandong Luyu Heavy Industry Co., Ltd. to expand its product line up and offer globally accepted ITL’s range of tractors in the Chinese market.
Rajiv Budhiraja, director general of the Automotive Tyre Manufacturers Association (ATMA) told ETAuto that the Association has made a submission to the Government to streamline this discrepancy.
With this plant, the tractor manufacturer can roll-out one tractor in three minutes. The integrated plant facility can produce tractors from 20 Hp to 120 Hp.
Yanmar will acquire shares held by the world's biggest private equity fund, Blackstone Group, which will make a rough three times return on a four-year-old investment.
The new ‘Solis 120’ is ergonomically designed to cater to the evolving need of the end user featuring 6 cylinder engine.
The Punjab-based firm, which currently sells tractors in over 80 international markets, also aims to begin local assembly operations in Iran during this year.
"The situation has started improving because this year we are having good rainfall. We are expecting a growth of 10 per cent, said Sonalika's sales and marketing president R K Singh.
Sonalika International Tractors Ltd, backed by the New York-headquartered investment firm, is looking to raise as much as Rs 2,000 crore through an Initial Public Offering (IPO).
Introduced for the first time by an Indian company, the new WorldTrac 110 tractor is fully equipped with features like electronic hitch control with lift capacity of 4500 kg, and fuel tank capacity of 115 liters.
The tractors are technically advanced 26HP and 30HP orchard tractors that feature power steering, and hydraulic system with automatic depth and draft control (ADDC) for ease of operation.
The new DI 750III comes with a lift capacity of 2000kg and 4 cylinder 2000 RPM engine, the tractor is designed to operate heavier and bigger implements in all types of soil conditions
Name | DIN | Designation | Date of joining | |
---|---|---|---|---|
Shivani Malhotra | Unlock to View | Unlock to View | Director | 01 Apr,2021 |
Akihiko Hiraoka | Unlock to View | Unlock to View | Nominee Director | 26 Sep,2020 |
Geetanjali Kalra | Unlock to View | Unlock to View | Director | 19 Sep,2018 |
Priya Tosh Sood | Unlock to View | Unlock to View | Wholetime Director | 01 Apr,2017 |
Rahul Mittal | Unlock to View | Unlock to View | Wholetime Director | 01 Apr,2017 |
Naoki Kobayashi | Unlock to View | Unlock to View | Nominee Director | 28 Mar,2017 |
Sushant Sagar Mittal | Unlock to View | Unlock to View | Wholetime Director | 22 Dec,2008 |
Raman Mittal | Unlock to View | Unlock to View | Wholetime Director | 22 Dec,2008 |
Lachman Dass Mittal | Unlock to View | Unlock to View | Wholetime Director | 17 Oct,1995 |
Deepak Mittal | Unlock to View | Unlock to View | Managing Director | 17 Oct,1995 |
Amrit Sagar Mittal | Unlock to View | Unlock to View | Wholetime Director | 17 Oct,1995 |
International Tractors Limited‘s balance sheet, profit & loss figures and Financial Ratios
Get plant information and details for International Tractors Limited
Know the direct, tier 1 and foreign suppliers for International Tractors Limited
Which business is the best revenue generator for International Tractors Limited
International Tractors Limited‘s subsidiaries, Joint Ventures, Associates & Signatories