Auto major Mahindra & Mahindra (M&M) today said it has launched its tractors under three different ranges in Turkey in partnership with ILCE Group.
Mahindra & Mahindra, India
We are delighted to launch our product range in Turkey which is a long-term, strategic market for us. With their strong and durable features, our tractors are ideal for the small and medium farmers who comprise close to 80 per cent of the farming community in Turkey,” M&M President (Farm Equipment Sector) Anjanikumar Choudhari said in a statement.
M&M, which has diverse business interest, has introduced its 55 HP, 60 HP and 65 HP range of tractors in the Turkish market in partnership with ILCE Otomotiv Servis ve Ticaret, the statement said.
“The latter (ILCE Otomotiv) is also the distributor for the Mahindra Goa and pik up range in Turkey,” it added.
ILCE Group is active in the finished motor vehicle logistics and transportation field.
M&M has a wholly-owned subsidiary, Mahindra USA, with three assembly plants catering to the American market and selling 10,000 tractors annually.
Mahindras FES recently acquired a 51 per cent stake in Chinese firm Jiangsu Yueda Yancheng Tractor Manufacturing Co (Yancheng Tractor), which is the second tractor venture of M&M in the country.
It has a tractor business in China namely, Mahindra China Tractor Co (MCTCL).
Source : Press Trust Of India / New Delhi