Punjab Tractors Limited

ENTREPRENUERIAL VENTURE- TRACTOR INDUSTRY The t ractor indust ry in I ndia has true all over the old age to become one of the epicst tractor commercialises in the world. From fair(a) about 50,000 units in early 8 ies the size of t ractor market in the count 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 are huge considering the natural depression farm mechanizat ion levels in the count ry, when compared to other developed economies crosswise the world. After a downturn during last 3-4 years, the indust ry is masking on a growth path, which we believe would sustain in swoop slope years as well. Key concern for the indust ry is its dependency on awkward income in hands of farmers and the state of monsoon. content Study Punjab Tractors express Company news report - In 1965, governing body of India research institute CMERI at Durgapur initiated see an d increase of Swaraj Tractor based on indigenous know how. In 1970, Punjab Government acquired the Swaraj tractors design and established Punjab Tractors particular(a) (PTL). It was Indias first large-scale whole indigenous project. The Tractors of PTL are very popular. The company exports Tractors to confused countries including USA.

The Swaraj Mazda Limited was promoted in 1983 by PTL in technical collaborationism with Mazda push back Corporation and Sumitomo Corporation, Japan for the manufacturing of Light Commercial Vehicles (LCV). along with Swaraj self-propelled Limited (engaged in manufa cturing of automobile seats and recliners) a! nd Swaraj Engines Limited (manufacturing of engines) Swaraj caters to the essential of heavy vehicle far a large voice of the population. The manufacturing is located at SAS Nagar in Ropar, Asron Village of Nawanshahar regularise and Nabha of Patiala District. tout ensemble 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, order it on our website: BestEssayCheap.com

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