[ad_1]
The new K2 collection is Mahindra’s bold lightweight tractor programme that’s being developed for each home and export markets. In addition to the Rs. 100 crore investing, Mahindra additionally plans to double employment within the tractor plant by 2024.
View Photos
Mahindra’s Zaheerabad plant staff with an E7 collection tractor
Mahindra and Mahindra has introduced its plan to fabricate its new K2 collection tractors completely on the firm’s manufacturing facility in Zaheerabad, within the state of Telangana. It’s Mahindra Farm Equipment Sector’s (FES) bold lightweight tractor programme that has been developed via shut collaboration between the engineering groups from Mitsubishi Mahindra Agricultural Machinery of Japan and Mahindra Research Valley, India. For the brand new K2 collection tractors, the corporate might be making an extra funding of ₹ 100 crore within the Zaheerabad facility, and plans to double employment within the tractor plant by 2024.
Rajesh Jejurikar, Executive Director, Automotive & Farm Equipment Sector, M&M talked about “As the world’s largest tractor manufacturer by volume, Mahindra is on an exciting path to developing the K2 series, one of our most ambitious tractor programs. This project is focused on diversity and scalability, to meet the varied expectations and different regional requirements of customers and markets across the world. Our Zaheerabad facility which has always received tremendous support from the Government of Telangana is very well equipped to meet this challenge and we hope to substantially improve employment opportunities through this project”.
Also Read: Anand Mahindra Gifts A New Tractor To Bihar’s ‘Canal Man’
The new K2 collection might be light-weight tractors which have been designed for each home and worldwide markets. Mahindra says that beneath the brand new collection it would introduce merchandise throughout 4 new tractor platforms, within the Sub Compact, Compact, Small Utility and Large Utility tractor classes, protecting 37 fashions throughout varied horsepower factors. Mahindra additionally plans to export the brand new K2 collection tractors to markets like – USA, Japan, and South-East Asia. Right now, round 65 per cent of Zaheerabad’s tractors are being exported globally.
Also Read: Mahindra Records 2 Per Cent Growth In Tractor Sales In October 2020
0 Comments
Mahindra claims that it is the solely tractor producer in Telangana and to this point, the corporate has invested near ₹ 1,087 crores at its facility in Zaheerabad. Right now, the farm gear manufacturing unit employs over 1,500 employees and has a manufacturing capability of over 1,00,000 tractors per yr on a 2-shift foundation. The facility additionally manufactures the corporate’s next-generation vary of Yuvo and Jivo tractors, together with the lately launched Plus Series of tractors. The Zaheerabad plant is versatile sufficient to roll-out over 330 totally different tractor variants starting from 30 to 100 horsepower.
For the most recent auto information and opinions, comply with carandbike.com on Twitter, Facebook, and subscribe to our YouTube channel.
[ad_2]
Source hyperlink