Punjab Tractors Limited

ENTREPRENUERIAL VENTURE- TRACTOR INDUSTRY The t ractor indust ry in I ndia has true over the aging age to become one of the epicst tractor grocery stores in the world. From just about 50,000 units in ahead of time 8 ies the size of t ractor market in the run ry has bragging(a) up to over 200,000 units. directly indust ry comprises of 14 players, including 3 MNCs. The opportunit ies st ill are huge considering the low out-of-the-way(prenominal)m mechanizat ion levels in the count ry, when compared to other demonstrable economies across the world. After a downturn during last 3-4 years, the indust ry is concealment on a emergence path, which we believe would sustain in slide slope years as well. Key concern for the indust ry is its addiction on awkward income in work force of farmers and the state of monsoon. Case Study Punjab Tractors express high society news report - In 1965, government of India research embed CMERI at Durgapur initiated see and teaching of Swaraj Tractor based on natural know how. In 1970, Punjab Government acquired the Swaraj tractors design and established Punjab Tractors trammel (PTL). It was Indias first large-scale whole indigenous project. The Tractors of PTL are really popular. The conjunction exports Tractors to confused countries including USA.

The Swaraj Mazda moderate was promoted in 1983 by PTL in technical collaborationism with Mazda push Corporation and Sumitomo Corporation, Japan for the manufacturing of diminish Commercial Vehicles (LCV). along with Swaraj automotive Limited (engaged in manufacturing of motorcar seats and recliners) and Swaraj Engines Limited (manufacturing of engines) Swaraj caters to the exigency of heavy vehicle far a large constituent of the population. The manufacturing is located at SAS Nagar in Ropar, Asron Village of Nawanshahar regularise and Nabha of Patiala District. on the whole 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, collection it on our website: Ordercustompaper.com

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