Punjab Tractors Limited

ENTREPRENUERIAL VENTURE- TRACTOR INDUSTRY

The t ractor indust ry in I ndia has true over the old age to become one
of the epicst tractor markets in the world. From just 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. Today indust ry comprises of 14 players, including 3
MNCs. The opportunit ies st ill are huge considering the low farm
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 masking on a growth path, which we believe would sustain in
glide slope years as well. Key concern for the indust ry is its dependence on
awkward income in hands of farmers and the state of monsoon.

Case Study
Punjab Tractors express
Company news report -

In 1965, Government of India research institute CMERI at Durgapur initiated see and development of Swaraj Tractor based on indigenous know how. In 1970, Punjab Government acquired the Swaraj tractors design and established Punjab Tractors Limited (PTL). It was Indias first large-scale totally 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 Motor Corporation and Sumitomo Corporation, Japan for the manufacturing of Light Commercial Vehicles (LCV). along with Swaraj Automotive Limited (engaged in manufacturing of automobile seats and recliners) and Swaraj Engines Limited (manufacturing of engines) Swaraj caters to the need of heavy vehicle far a large section of the population.
The manufacturing is located at SAS Nagar in Ropar, Asron Village of Nawanshahar regularise and Nabha of Patiala District. All 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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