Mahindra has opened its first dedicated farm machinery plant in Pithampur, Uttar Pradesh. The company’s managing director Pawan Goenka said that the facility would provide a boost to the agriculture sector.
Mr. Goenka said, “This is an important initiative by Mahindra and we are committed to providing our farmers with world-class products.”
Mahindra farm machinery plant in Pithampur
Mahindra has launched the Mahindra Farm Machinery Plant (MFMP) located at Pithampur, Madhya Pradesh. The plant will be able to manufacture tractors, harvesters, and other farm-related machines.
According to a press release from Mahindra, the MFMP is an important step for the company as it will help it increase its presence in the farming equipment segment in India. The plant will have a total production capacity of Rs 2,000 crore over three years.
The company has also announced plans to invest Rs 100 crore in the expansion of its existing facilities at Pithampur by 2021. The new facility will have an extra capacity of 4 lakh units annually.”
The Mahindra Group has launched a dedicated farm machinery plant at Pithampur, Madhya Pradesh. The plant will produce tractors, diggers, and other agricultural equipment to meet the growing demand for these products in rural India.
The new facility will be the first of its kind in India and will be part of Mahindra’s strategy to expand its operations across various cities and states.
In a bid to provide the best quality products and services to farmers, Mahindra has launched the first dedicated farm machinery plant in Pithampur. The plant is capable of producing around 1,000 tractors and forklifts per month and will help in reducing the cost of production for farmers by as much as 10%.
The new facility will also help in providing better quality equipment at lower prices. It will also reduce wastage and improve efficiency.