Published on 6 August, 2019
Tormented by delayed liquidity crunch and weak rural interest Escorts Group's Q1 benefit and income declined by 27.6 percent and 5.7 percent separately. Organization's Agri-Equipment which contributes 77 percent to the absolute income was the most hit and circumstance also prompted one-day production cut at organization's tractor plants.
Bharat Madan, Group Chief Financial Officer and Corporate Head said that if the circumstance doesn't improve by November the organization may more plant shut downs. Initially, the general tractor industry volumes declined by right around 15 percent that pulled our margins down by 160-170 bps in the primary quarter. Furthermore, we embraced significant generation cut this quarter to redress the stock issue.
We sold around 21,000 tractors while the generation number was 17,000 tractors in Q1. Along these lines, our generation this quarter was approximately 20 percent less than exactly the business which occurred. The consolidated impact of these two measures are obvious in the general margin number which likely gone somewhere around 330 bps this time. we have cut our stock numbers radically over the most recent four months. Our channel stock level has now diminished to three to three and a half weeks stock which is one of the most reduced at present. We are intending to construct some stock in the long stretches of August and September to support festive season Bharat Madan, Escorts Group CFO
Published on 3 August, 2019
Subsequent to moving forward with boost by government subsidies and monsoon onset for just about three years, Indian tractor market slammed by 14.3 percent to 191,305 units in the primary quarter of financial year 2019-2020, according to the information uncovered by Tractors Manufacturers Association (TMA). The business saw a sound 20 percent development during Q1 of FY 2018-2019. A sharp 13.6 percent year-on-year deals drop to 75,859 units in June 2019 stamped fifth continuous month of decrease in tractor deals. The prime components hitting the hinterland are troublesome monsoon and uncertainty in government schemes. This year, the India Meteorological Department (IMD) announced a 17 percent inadequacy in precipitation with June alone account 33 percent shortfall in rain.
Market pioneer Mahindra and Mahindra (M&M), which possesses more than 40 percent of generally tractor market of the overall industry, detailed a 15 percent decrease at 82,913 units in the last quarter. Tafe Group and Sonalika both revealed the steepest decrease of 17.4 percent at 34,983 units and 20,954 units individually during the quarter under audit. The circumstance intensified when the market made by subsides from the state governments, began spilling. Majority of the states which guaranteed to proceed with the subsides schemes are reeling under intense money related crunch, and subsequently neglected to make the repayments to the sellers, said TR Kesavan, President, TMA.
"Government sponsorship is really hindering the future in numerous regions. The majority of the sellers are sitting with a half year to one year of exceptional which needs to originate from the administration, and this actually smashed the market especially in the conditions of Tamil Nadu, Andhra Pradesh, Telangana, and Assam," Kesavan told .He also said that last year near 90,000 - 100,000 tractors went under sponsorship programs. Also, clients are facing a hard hit from the banks too. Indeed, even at the season of languid deals, no relief is originating from banks as they neglect to loosen the high financing costs, said Rahul Lunawat, one of the sellers of Mahindra Swaraj Tractors in Nasik region, Maharashtra.
"Banks keep on bringing 14-14.5 percent financing costs from the farmers on tractor loans though if there should be an occurrence of bike and vehicles it is near 9 percent. This combined with lacking rain and sporadic subsides declarations have seriously affected our business since everyone is waiting for subsidy and making no buy. At this crossroads, the circumstance is grave to the point that we are not in any case equipped for paying our month to month costs," Lunawat said. As there is a reluctance to purchase, organizations like M&M and Escorts declared cutting production as a major aspect of stock measure. Despite of such efforts, tractor sellers the nation over are detailing inventory level of up to 45 days. Industry accepts that for tractors a typical sound stock is of 30 days. "Regardless we have trusts on August and accept that tractor industry will ricochet back in Q2 distribution of precipitation should spread equally over all the agro-climatic zones," Kesavan included.
Published on 2 August, 2019
जुलाई 2019 में महिंद्रा एंड महिंद्रा के साल-दर-साल के ट्रैक्टर बिक्री में जुलाई 2018 के ट्रैक्टर बिक्री के मुकाबले 11प्रतिशत की गिरावट आई है| महिंद्रा एंड महिंद्रा लिमिटेड फार्म इक्विपमेंट सेक्टर (FES), USD 20.7 बिलियन महिंद्रा ग्रुप का एक हिस्सा, उन्होंने जुलाई 2019 के लिए अपने ट्रैक्टर बिक्री के आकड़े पेश किए है |
जुलाई 2019 में घरेलू बिक्री 19,174 यूनिट्स पर है,जबकि जुलाई 2018 के दौरान 21,574 यूनिट्स पर थी । जुलाई 2019 के दौरान सभी ट्रैक्टर सौदे (घरेलू + निर्यात) 19,992 यूनिट्स पर है , जबकि एक साल पहले समान अवधि के लिए 22,679 यूनिट्स थे। जुलाई 2019 महीने के लिए विदेशी बाजार 818 यूनिट्स पर रहा है ऐसा संगठन का कहना है ।
प्रस्तुति पर टिप्पणी करते हुए, राजेश जेजुरिकर, अध्यक्ष - कृषि उपकरण क्षेत्र, महिंद्रा एंड महिंद्रा लिमिटेड जी ने कहा, "हमने जुलाई 2019 के दौरान घरेलू बाजार में 19,174 ट्रैक्टर बेचे हैं। हमें भरोसा है कि कृषि के माध्यम से ग्रामीण विकास के लिए सरकारी गतिविधियों का प्रसार और गैर-कृषि स्रोतों और तरलता में सामान्य सुधार से वर्ष के दूसरे छमाही के दौरान ट्रैक्टर के अनुरोध में सुधार होगा। ओवरसीज मार्केट में, हमने 818 ट्रैक्टर बेचे हैं। " संगठन के ट्रैक्टर निर्यात में भी गिरावट आई, जो 26 प्रतिशत तक की है ।
Published on 2 August, 2019
Mahindra and Mahindra's year-on-year tractor deals in July 2019 are declined by 11% as compared with tractor deals in July 2018. Mahindra and Mahindra Ltd's. Farm Equipment Sector (FES), a piece of the USD 20.7 billion Mahindra Group, reported its tractor deals numbers for July 2019.
Domestic deals in July 2019 were at 19,174 units, as against 21,574 units during July 2018. All tractor deals (Domestic+ Exports) during July 2019 were at 19,992 units, as against 22,679 units for a similar period a year ago. Overseas market for the month remained at 818 units," the organization referenced.
Remarking on the presentation, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra and Mahindra Ltd. stated, "We have sold 19,174 tractors in the Domestic market during July 2019. We trust that the spread of storm, government activities to rural development through agricultural and non-agricultural sources and a general improvement in liquidity will goad improvement in tractor request during the second half of the year. In the Overseas Market, we have sold 818 tractors." There was also fall in tractor export of the organization, which fell by 26% year-on-year in July 2019.
Published on 1 August, 2019
Kubota a Japanese brand of tractors is as of now picking up prominence among Indian farmers and has been the quickest developing tractor brand since a year ago. Kubota has likewise been one of the main tractor organizations to present 5 years Super Warranty on their tractors and the introduction of these tractor ambulances will further expand trust in Kubota tractors.
On this launch event, Mr. G S Grewal said that the tractor is a wellspring of vocation for the farmers and any breakdown of his tractor during the season time can defer his tillage planning for planting the crop and at last effect on crop yield.
Presently ambulances are accessible for people as well as for tractors. This extraordinary idea was introduced by Japanese tractor brand Kubota. This extraordinary idea comprises of exceptionally structured administration vans who can go into towns to help any tractor breakdown. The thought is to give speedy fix and administration backing to tractor operators for their most confided his tractor.
This Ambulance branded with Kubota tractor ambulance and consist of trained mechanics, all types of tractor spare parts, washing system, oil as well as welding system too. In shorts this ambulance is one type of moving workshop.
Published on 1 August, 2019
एस्कॉर्ट्स लिमिटेड एग्री मशीनरी सेगमेंट (ईएएम), विदेशी बाजार में जुलाई 2018 के 127 ट्रैक्टर बिक्री के मुकाबले में जुलाई 2019 में 179.5 प्रतिशत की सफलता के साथ 355 यूनिट्स की बिक्री पर है। अक्टूबर 2018 से, नेपाल और भूटान के सौदों को निर्यात बिक्री में माना गया है। जुलाई 2019 में एस्कॉर्ट्स ने, जुलाई 2018 के 5,610 ट्रैक्टर यूनिट्स की बिक्री के मुकाबले 4,860 ट्रैक्टर यूनिट्स की बिक्री की, जो साल दर साल 13.4 प्रतिशत से कम रही है | जुलाई 2019 में घरेलू ट्रैक्टर की बिक्री जुलाई 2018 में बेचे गए 5,483 ट्रैक्टरों के मुकाबले 4,505 यूनिट्स पर आ गई। घरेलू सौदों ने साल दर साल 17.8 प्रतिशत की गिरावट दर्ज की।
एस्कॉर्ट्स के अनुसार कमजोर परिचालन संख्या रिपोर्ट कहती है की, एस्कॉर्ट्स ट्रैक्टर वॉल्यूम 14 प्रतिशत से कम होने पर 21051 यूनिट्स पर है। ट्रेक्टर बिज़ मार्जिन 330 बीपीएस वर्ष दर वर्ष 10.8 प्रतिशत से कम है। घरेलू ट्रैक्टर बाजार हिस्सेदारी में भारी गिरावट, घरेलू ट्रैक्टर बाजार 448 बीपीएस से कम 10.5% तक का शेयर करता है।
Published on 1 August, 2019
Escorts Ltd Agri Machinery Segment (EAM), Overseas deals jumped at a challenging 179.5% to 355 units as 127 tractors sold in July 2018. Eminently, from October 2018 onwards, deals to Nepal and Bhutan have been considered into Exports sale. Escorts, in July 2019, sold 4,860 tractors units against 5,610 tractors units sold in July 2018, a decrease of 13.4% year on year. Domestic tractor sales in July 2019 came in at 4,505 units against 5,483 tractors sold in July 2018. Domestic deals enrolled a decrease of 17.8% year on year.
According to Escorts reports weak Operational numbers, Escorts tractor volumes down 14% year on year at 21051 units. Tractor biz margins down 330 bps year on year at 10.8%. Steep fall in domestic tractor market share, domestic tractor market shares down 448 bps to 10.5% vs 15%.
Published on 29 July, 2019
The famous industrialist Amrit Sagar Mittal appointed as Vice-Chairman of the Punjab State Planning Board in the rank and status of Cabinet Minister, the quality of administrators in the Board has gone up to three with prestigious industrialist Rajinder Gupta and previous Chief Minister Rajinder Kaur Bhattal already serving as vice-chairman/vice-chairperson in the status of Cabinet minister.
Representative of the Planning Department said that the tenure of Rajinder Gupta, administrator of the Trident Group, was up to March 27, 2021 and that of Rajinder Kaur Bhattal up to July 3, 2021 and two were not drawing their salary from the State Planning Board. In the interim, the terms and conditions with respect to the appointment of Amrit Sagar Mittal, who is also the vice-chairman of Sonalika International Tractors Ltd., would be finalized shortly.
The justification behind to have prominent people from different fields in the State Planning Board was to give vital strategy contributions to the advancement procedure of the state other than concentrating on long haul vision to guaranteed economic improvement of state. Appropriately, the state Government has effectively affirmed the redesign of the Planning Department, which has now been renamed as the Department of Economic Policy, Planning and Punjab State Planning Board as Economic Policy and Planning Board. Resultantly, the extent of the Planning Board has enlarged and would now consider it new center strategy and financial improvement. Crafted by Department would be cared for by the specialists assigned as consultants in the field of industry, Academia, Public Service or Social Sector.
Published on 27 July, 2019
Case IH has introduced three new Axial-Flow® 4000 Series combine harvester, the 4077, 4088 and 4099. Planned in the USA, the three Axial-Flow® 4000 Series models join a high state of American-made segments for most extreme reliability. Conservative measurements, premium solace and advanced highlights are joined with high harvesting capacity, intensive crop threshing, low grain misfortunes, delicate grain taking care of and amazing quality. These advantages are normal for Case IH Axial-Flow® single-rotor innovation, which has turned into the benchmark for harvesting quality and execution since the first Axial-Flow® consolidates were introduced in 1977.The 4077, 4088 and 4099 are the most profitable consolidates in their group. Their basic structure enables them to be adjusted rapidly to suit changing reaping necessities, field conditions and crops, settling on them the ideal decision for contractual workers. operator can move from corn, to wheat, to sorghum, to rice in hours, as compared to just about two days for regular combines. Axial Flow® 4000 Series combines are additionally simple to utilize, so even administrators who are new to the Axial-Flow® idea rapidly figure out how to tackle their maximum capacity.
Each of the three models are controlled by Efficient Power FPT Industrial 6.7-liter, six-cylinder, in-line engine which satisfy Tier III emission guidelines, are turbocharged and aerial after-cooled to give demonstrated, trustworthy execution in all conditions. Rated power yields for the 4077, 4088 and 4099 models are 180 hp, 210 hp and 230 hp at the engine speed of 2100 rpm, with most extreme power yields of 200 hp, 240 hp and 260 hp delivered at 2000 rpm. All engine gives great torque attributes, convey ideal fuel utilization and transmit their capacity through a three-speed hydrostatic transmission, with a 500-liter fuel tank including on each of the 4000 Series models.
axial Flow® 4000 Series combine dominate everything else available as far as harvesting yield and can be furnished with the most recent age Case IH headers, which are accessible in widths up to 6.1 m or 8 lines for corn. For ideal cutting performance, high limit 2060 Series grain headers can be fitted. Accessible in widths of 4.57 m, 5.18 m and 6.10 m, they highlight a strong mechanical reel drive and speak to best in class, demonstrated grain header innovation. Axial Flow 4000 Series combines can also be furnished with a 6.10 m 3020 flex header or 3.66 m 3016 get header for windrowed crops. Case IH 4400 Series corn headers offer superb picking capacity in both standing and down corn to boost the measure of grain gathered under all conditions. At the core of each Axial-Flow® 4000 Series model is the incredible 610 mm-distance across, 2,451 mm-long Case IH Axial-Flow® rotor, which gives an all detachment territory of 1.23 m2 and turns at velocities from 250 rpm up to 1,150 rpm. The new models highlight a Cross Flow® cleaning framework which uses chevron-formed fins to make a uniform, high volume of air. Enormous grain tanks highlight on all models to boost the time spent reaping. The 4077 is fitted with a 5,000-liter grain tank and 4.1 m auger.
Every one of the two-wheel-drive 4000 Series models are furnished with 28 L-26R1 W 16PR front tires and 14.9R24 R1W 12PR back tires. Four-wheel-drive variants incorporate 28L-26 R1W 16PR front and 16.9-26 R1W 12PR back tires, while four-wheel-drive 'Rice' models are fitted with 28L-26 R2 16PR front and 16.9-26 R2 12PR back tires. On account of their mechanical straightforwardness, Axial-Flow® combines fuse lesser moving parts than either regular plans or increasingly complex rotational and hybrid machines, so they are easy to work, progressively reliable and less expensive to keep up. All administration focuses on the new 4000 Series models can be come to starting from the earliest stage a solitary advance, so standard maintenance is simpler, quicker, less expensive and more secure than with different kinds of combine, bringing about additional time spent reaping and higher yield potential.
Published on 26 July, 2019
दुनिया के प्रसिद्ध उद्योग में से एक न्यू हॉलैंड एग्रीकल्चर ने भारत के कोईमतुर में आयोजित 19 वें AGRI INTEX 2019 में भाग लिया। राज्यों में से लगभग 96,000 सदस्य, और चीन, फ्रांस, जर्मनी, इस्राईल, इटली, जापान, स्वीडन, यूनाइटेड किंगडम और संयुक्त राज्य अमेरिका के प्रतिनिधि, CODISSIA द्वारा आयोजित AGRI INTEX में जमा हुए।
श्री के. कृष्णकुट्टी जी,जल संसाधन मंत्री , केरल और मनोहर जसुदास, डीन, कृषि इंजीनियरिंग कॉलेज और अनुसंधान संस्थान तमिलनाडु कृषि विश्वविद्यालय (TNAU) कोईमतुर, न्यू हॉलैंड स्टॉल का दौरा किया और प्रशंसा भी की । न्यू हॉलैंड के ट्रैक्टर में सबसे हालिया नवाचार हैं और वो कुल खेती में काम आते हैं, जो भूमि नियोजन से लेकर कटाई के बाद की गतिविधियों तक हैं।
न्यू हॉलैंड ने ब्लू फार्म बेलर के साथ 9010 (4WD) और एक्सेल 4710 (4WD) ट्रैक्टर्स, 3600-TX ट्रैक्टर, सिंगल रो मकई हारवेस्टर एफसी 200, 6010 (4WD) के साथ अपने फार्म प्रोडक्ट रेंज के निर्धारण को प्रदर्शित किया। एक लोडर के साथ ट्रैक्टर, TC5.30 हारवेस्टर, PP400 बोने की मशीन और ब्लू सीरीज बेलर, साथ में न्यू हॉलैंड का ही एक ब्रांड, केस IH से Austoft 4000 सीरीज गन्ना हारवेस्टर पेश किए थे। केरल बिक्री प्रबंधक" श्रीनिवास जी ने कहा, "न्यू हॉलैंड ने करलर पुड्डलिंग मार्केट के लिए निर्धारित एक्सेल 4710 पोर्टल एक्सल फोर-व्हील ड्राइव ट्रैक्टर को हाइलाइट किया है।"