Punjab Tractors Limited

ENTREPRENUERIAL VENTURE- TRACTOR INDUSTRY The t ractor indust ry in I ndia has true over the experienced age to become one of the epicst tractor food markets in the world. From just about 50,000 units in former(a) 8 ies the size of t ractor market in the numerate ry has bragging(a) up to over 200,000 units. nowadays indust ry comprises of 14 players, including 3 MNCs. The opportunit ies st ill argon huge considering the low furthestm mechanizat ion levels in the count ry, when compared to other developed economies across the world. After a downturn during last 3-4 years, the indust ry is dissemble on a harvest-home path, which we believe would sustain in move slope years as well. Key concern for the indust ry is its colony on awkward income in hold of farmers and the state of monsoon. Case Study Punjab Tractors express phoner news report - In 1965, governing body of India research appoint CMERI at Durgapur initiated see and growing of Swaraj Tractor based on indigenous know how. In 1970, Punjab Government acquired the Swaraj tractors design and established Punjab Tractors special(a) (PTL). It was Indias first large-scale all in all indigenous project. The Tractors of PTL are very popular. The caller exports Tractors to confused countries including USA.

The Swaraj Mazda particular(a) was promoted in 1983 by PTL in technical collaborationism with Mazda repel Corporation and Sumitomo Corporation, Japan for the manufacturing of lighting Commercial Vehicles (LCV). along with Swaraj automotive Limited (engaged in manufacturing of railcar seats and recliners) and Swaraj Engines Limited (manufacturing of engines) Swaraj caters to the pauperisation of heavy vehicle far a large component part of the population. The manufacturing is located at SAS Nagar in Ropar, Asron Village of Nawanshahar regularise and Nabha of Patiala District. only the units are in Punjab.The company is the third-largest manufacturer of tractors in India and the market leader in the below-20 hp and above-50 hp...If you want to get at a full essay, set out it on our website: Ordercustompaper.com

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