Articles Tagged with ''Mahindra & Mahindra''

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Mahindra May Consider Tractor Business Spinoff to Tap Automotive Opportunities

February 14, 2022 | Posted in Manufacturer News

Anish Shah, managing director and CEO of Mahindra Group, told The Hindu Business Line that Mahindra may look at a spinoff of the farm machinery business because it's an area with a "huge potential for growth."

Mahindra’s Tractor Sales Fall 19% in November

December 2, 2019 | Posted in Manufacturer News

Indian tractor maker Mahindra reported that it had sold 21,032 units during November 2019, down by 19% from 25,949 units in November 2018.

Mahindra to Establish Ag Tech Center at Virginia Tech

May 1, 2018 | Posted in Manufacturer News

The Mahindra AgTech Center will complement the work being done in product development centers in India, Japan and Finland to create product solutions for farmers globally. The collaboration with Virginia Tech researchers is focused on technology projects to develop new generation farm equipment.

Mahindra Acquires Stake in Mitra

January 31, 2018 | Posted in Manufacturer News

Source: Business Standard

Mitra designs and manufactures proprietary sprayers for horticulture crops.

Ag Equipment Intelligence

Mahindra Targets $1 Billion in U.S. Sales by 2020

January 23, 2018 | Posted in Manufacturer News

Source: Ag Equipment Intelligence

(Editor's note: This article is being reposted with corrections.) To establish Mahindra Tractors as a global brand, Mahindra & Mahindra (M&M) is looking to double its business in the U.S. market to $1 billion by 2020 compared to $547 million earned during the 2017 financial year.

Mahindra Roxor Off-Road Vehicle to Launch in 2018

December 6, 2017 | Posted in Product Innovations

Source: India.com

The new Roxor line will be offered for sale in the U.S. by Mahindra Vehicle Sales and Service, based in Fletcher, N.C.

Mahindra to Acquire a 33% Share in Mitsubishi Agricultural Machinery Co.

May 22, 2015 | Posted in Manufacturer News

Mitsubishi Agricultural Machinery is Japan’s fourth largest farm machinery manufacturer with revenues of $408 million in the last financial year and 1,700 employees.

Mahindra Sees 3Q Tractor Sales Rise 22%

February 17, 2014 | Posted in Manufacturer News

The Hindu Business Line reported on February 14 that Mumbai, India-based Mahindra & Mahindra posted a 9.3% increase in net profit for the third quarter ended December 31. Overall, the company sold 76,362 tractors during the period, an increase of 22.1% vs. the same period one year ago.

Mahindra Tractor Sales Slip in January, But Annual Sales Up Overall

February 1, 2012 | Posted in Manufacturer News

Source: Mahindra & Mahindra

Mahindra & Mahindra's Farm Equipment Sector reports that domestic sales in January 2012 stood at 17,950 units vs. 19,430 units during January 2011.

Mahindra Tractors Report 37% Sales Growth in June

July 3, 2011 | Posted in Manufacturer News

India’s major utility player Mahindra & Mahindra's Farm Equipment Sector division has reported 37.01% jump in its total tractor sales in June to 22,730 units.

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