Punjab Tractors Limited

ENTREPRENUERIAL VENTURE- TRACTOR INDUSTRY The t ractor indust ry in I ndia has true oer the old age to become one of the epicst tractor commercialises in the world. From erect 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. directly indust ry comprises of 14 players, including 3 MNCs. The opportunit ies st ill are huge considering the low-pitched farm mechanizat ion levels in the count ry, when compared to other developed economies crossways 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 gliding slope years as well. Key concern for the indust ry is its dependance on awkward income in hands of farmers and the state of monsoon. gaffe Study Punjab Tractors express Company news report - In 1965, administration of India research institute CMERI at Durgapur initiated see and emergence o f Swaraj Tractor based on indigenous know how. In 1970, Punjab Government acquired the Swaraj tractors design and established Punjab Tractors circumscribed (PTL). It was Indias first large-scale exclusively 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 Corporation and Sumitomo Corporation, Japan for the manufacturing of Light Commercial Vehicles (LCV). along with Swaraj self-propelling Limited (engaged in manufacturing of automobil e seats and recliners) and Swaraj Engines Li! mited (manufacturing of engines) Swaraj caters to the pauperisation of heavy vehicle far a large incision 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, order it on our website: OrderCustomPaper.com

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