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John Deere Will Reduce Production by 20%

Published on 21 August, 2019

John Deere Will Reduce Production by 20%

Deere and Co. declared an audit of expenses after a mix of the U.S.- China trade war and awful climate marked its quarterly benefits, constraining the organization to trim its entire year income gauge for the second time in the previous three months. Financial specialists cheered the choice to control costs, sending its shares up 3.1% at $148.07.

It will diminish production by 20% at its offices in Illinois and Iowa in the second of half of the year. The cuts will affect the Production of huge tractors. The remarks came after Deere's production costs in the second from last quarter shot up by 2 percent focuses from a quarter prior. However, entire year creation expenses are anticipated to be over its past evaluations. Deere presently expects the entire year overall gain of $3.2 billion in yearly deals development of 4%, lower than the pay of $3.3 billion on deals increments of about 5% anticipated before.

"Worries about overseas market access, close term interest for wares, for example, soybeans, and generally crop conditions, have made numerous farmer delay equipment buys," said Chief Executive Officer Samuel Allen. Opponent agrarian machine creators AGCO Corp and CNH Industrial have also cut production to keep stock in accordance with the retail request. The year-long levy war between the United States and China has cut the export income of American farmers. China imported $9.1 billion of U.S. farm equipment produced in 2018, down from $19.5 billion of every 2017, as per the American Farm Bureau.

Deere expects industry sale of farm equipment to be about equivalent to a year ago in the United States and Canada, which record for 60% of its general business. Deals in the area were prior anticipated to be level to up 5% prior. For the quarter finished July 28, balanced benefits came in at $2.71 per share, beneath $2.85 per offer expected by examiners in a Refinitiv IBES study. Deals at its agribusiness and turf fragment, the greatest source of the organization's incomes, declined 6% year-on-year during the quarter. Generally, farm equipment deals were down 3%.

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महिंद्रा एंड महिंद्रा, में लगभग 1500 कर्मचारीओं की कटौती

Published on 20 August, 2019

महिंद्रा एंड महिंद्रा, में लगभग 1500 कर्मचारीओं की कटौती

कम ट्रैक्टर्स बिक्री ने भारत के सबसे बड़े ट्रैक्टर निर्माण महिंद्रा एंड महिंद्रा को लगभग 1,500 संक्षिप्त मजदूरों को इस वित्तीय वर्ष में कम करने में मजबूर किया  है। संगठन ने अतिरिक्त रूप से अपनी 12,000 करोड़ रुपये की उद्यम योजनाओं में भी  15-20% की कमी का फैसला किया है। प्रबंध निदेशक पवन गोयनका ब्याज की स्थिति के बारे में बताते हैं और कहते हैं कि एमएंडएम त्योहारी सीजन में अपनी उम्मीदों पर कायम है। जबकि गोयनका कहते हैं कि क्षितिज पर एक भी आशा की किरण नहीं नजर आती है  इसके कारन ही रोजगार के दुर्भाग्य का सामना करना पड़ रहा हैं, खासकर डीलर्स और वेंडर को , अगर त्योहारी सीजन के दौरान अनुरोध नहीं मिलता है तो उनमें से कुछ विफल भी हो सकते हैं।

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Mahindra & Mahindra, Reduce About 1500 Workers

Published on 20 August, 2019

Mahindra & Mahindra, Reduce About 1500 Workers

Weak demand has driven Mahindra and Mahindra, India's biggest tractor manufacturer, to decrease around 1500 brief laborers count this financial year. The organization has additionally decided to decrease 15-20 % of its Rs 12,000-crore venture plans. Managing director Pawan Goenka addresses about the interest condition and says M&M is sticking its expectations on the festive season. While there are a not many green shoots on the horizon, says Goenka, more employment misfortunes can be normal, particularly on the seller and vendor front, if the request does not get during the festive season. Some of them may even fail.

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Farmers Postponed Their Plans of purchasing New farm Machinery

Published on 20 August, 2019

Farmers Postponed Their Plans of purchasing New farm Machinery

Price crises in potato costs has implied restless evenings for Anubhav Kumar. A young sales executive with a tractor producer, Kumar isn't a farmer, yet five years into the activity he realizes it too well that his prospects are firmly attached to that of cultivators. "Potato is the primary money crop here in Mathura and Agra, and since farmers are selling at a misfortune, most have delayed their plans to replace their agricultural machineries or buy new ones," said Kumar.

At the tractor showroom in Raya town of Mathura, where this discussion occurred, the proprietor of the shop, Narendra Singh, sat discreetly by Kumar. His client for the day is a little farmer, who needs to purchase a 12-year-old utilized tractor for somewhat about 1 lakh, about a fifth of what another one would cost. "Typically, I sell somewhere in the range of six and seven tractors consistently. In July, not a solitary piece was sold… this has never occurred before," said Narendra Singh. In any event a fifth of the farmers who have purchased tractors in Kumar's business region of Agra can't reimburse their advances. In the previous couple of months, tractor deals have done by in excess of a third from a year sooner. "Farmers are delaying replacing tires too, which cost 12,000 a couple," said Singh.

The present wholesale potato prices of 250-300 (contrasted with about 350 it costs a farmer to grow a 50kg sack, in addition to storage costs) implies nobody is profiting, fights Kumar. His math is basic: "When costs cross 500, farmers replace tires; when it crosses 700 per pack, they consider obtaining expensive equipment like tractor." The little distance from the shop lives Balram Singh, a 30-year-old farmer from Agra. He presently works at the place of the sarpanch of Suraj town in Raya and inclines toward avoiding his town in Agra. "I bought a tractor in mid of 2018, however that was a misstep. For as long as couple of months I have not paid the loan instalments… the agents continue visiting my home, so it is better to live here," said Balram Singh. The sliding interest for tractors isn't limited to the potato belt of Uttar Pradesh. Numbers from the Tractor Manufacturers Association demonstrated that local deals crosswise over India fell by 14.4% among April and July, contrasted with those the prior year. Subsequent to enlisting a strong 24% development in 2017-18, tractor deals backed off to 7.8% in 2018-19.

The delay in arrival of the monsoon, combined with shortage rainfall, hosed farmers opinion prompting a respite period for the tractor business, said Raman Mittal, Executive director at Sonalika International Tractors Ltd, a leading manufacturer. As indicated by Mittal, deals were affected in eastern and southern states just as Uttar Pradesh and Maharashtra sales of heavy agricultural apparatus like tractors are probably not going to see a recovery till crop harvesting starts in October, when farmers sell their crop yield and start arrangements for winter planting. We can anticipate (deals) development to settle in the following couple of months starting with celebrations in the September quarter, said Mittal from Sonalika Tractors. However, much will rely upon how costs of key yields like soybean, cotton and pulses fare.

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Uber For Tractors: The Central Agriculture Ministry Introduced New App to Help the Farmers.

Published on 16 August, 2019

Uber For Tractors: The Central Agriculture Ministry Introduced New App to Help the Farmers.

The central agriculture ministry decided to launch another progressive application which will assist the country farmers with accessing cutting-edge technology in a moderate cost at their doorsteps. With this new versatile application, farmers can book and contract all the costly farm implements which is past the compass for any normal little farmers.

Remembering the known application 'Uber', the legislature named it 'Uber for Tractors' which intends to reach and associate among the grass root level individuals and farmers as Uber interfaces with taxis.

"We need farmers to have moderate access to cutting-edge technology at their doorsteps," says an Agriculture Ministry official. "There are currently in excess of 38,000 custom hiring centers (CHCs) the nation over, which lease 2.5 lakh bits of agricultural equipment each year. Before the month's over, we intend to introduce another versatile application to productively interface farmers with these CHCs, much the same as Uber associates you to taxis". The CHC application is now open for enrollments by the farmers, social orders, and business visionaries. Up until now, just about 26,800 CHCs have enlisted to offer more than one lakh bits of farm equipment’s for contract. Once the application is formally introduced, farmers who need to benefit this facility and hire equipment, can enlist utilizing their names, locations, and mobile numbers, and after that punch in their prerequisites.

There is additionally a rating framework in the application which will enlist input from both the CHC and the farmers, enabling clients to settle on educated choices. This application will also make a significant database for arrangement producers, who can follow the utilization and cost of farm equipment. The framework would also follow the use of innovation that the administration wants to advance.

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Mahindra & Mahindra's Smallest Electric Tractor: Mahindra Novo Tractor

Published on 13 August, 2019

Mahindra & Mahindra's Smallest Electric Tractor: Mahindra Novo Tractor

Auto maker Mahindra and Mahindra is bringing a toy tractor. Information about this has been tweeted by Anand Mahindra himself. He tweeted that, we are bringing Mahindra NOVO Tractor. This tractor is smaller than you would not have imagined. He believes that for the youth of the country who are contributing to agriculture, it is like a magnificent gift.

The Mahindra NOVO Tractor is fully electric that can be controlled with the help of a remote. With the help of this tractor, farming will become much easier. It is a 12V electric tractor with 3 (forward + reverse) gear transmission. Speed ​​lock function has also been included in this tractor. There is no information about the price of this tractor.

Mahindra and Mahindra (M&M) is planning to expand in the electric vehicle segment rapidly. Recently, Chairman of the company Anand Mahindra had said in the 73rd annual AGM of the company that a 'major fundamental change' is taking place in the auto industry and it is time to take advantage of that change. The company will launch 3-4 electric cars in the coming two and a half years.

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महिंद्रा एंड महिंद्रा का सबसे छोटा इलेक्ट्रिक ट्रैक्टर: Mahindra NOVO Tractor

Published on 13 August, 2019

महिंद्रा एंड महिंद्रा का सबसे छोटा इलेक्ट्रिक ट्रैक्टर: Mahindra NOVO Tractor

ऑटो निर्माता कंपनी महिंद्रा एंड महिंद्रा एक छोटा इलेक्ट्रिक ट्रैक्टर ला रही है। इस बात की जानकारी खुद आनंद महिंद्रा ने ट्वीट करके दी है। उन्होंने ट्वीट किया कि, हम महिंद्रा नोवो ट्रैक्टर ला रहे हैं। यह ट्रेक्टर उससे छोटा है जिसकी आपने कल्पना नहीं की होगी। उनका मानना ​​है कि देश के युवाओं के लिए जो कृषि में योगदान दे रहे हैं, यह एक शानदार उपहार की तरह है।

Mahindra NOVO Tractor पूरी तरह से इलेक्ट्रिक है जिसे रिमोट की मदद से नियंत्रित किया जा सकता है। इस ट्रैक्टर की मदद से खेती करना काफी आसान हो जाएगा। यह 12V इलेक्ट्रिक ट्रैक्टर है जिसमें 3 (फॉरवर्ड + रिवर्स) गियर ट्रांसमिशन है। इस ट्रैक्टर में स्पीड लॉक फंक्शन को भी शामिल किया गया है। इस ट्रैक्टर की कीमत के बारे में कोई जानकारी नहीं है।

महिंद्रा एंड महिंद्रा (M & M) इलेक्ट्रिक वाहन खंड में तेजी से विस्तार करने की योजना बना रही है। हाल ही में, कंपनी के अध्यक्ष आनंद महिंद्रा ने कंपनी के 73 वें वार्षिक एजीएम में कहा था कि ऑटो उद्योग में एक 'प्रमुख मूलभूत परिवर्तन' हो रहा है और उस परिवर्तन का लाभ उठाने का समय आ गया है। कंपनी आने वाले ढाई साल में 3-4 इलेक्ट्रिक कार लॉन्च करेगी।

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Sonalika Tractors Overseas Market Increased by 108%

Published on 13 August, 2019

Sonalika Tractors Overseas Market Increased by 108%

International Tractors, which makes the Sonalika and Solis brands of tractors revealed a 108 percent increased volume at 1,861 units in July. “We have recorded a 108 percent development in our July volume by charging 1,861 tractors against 906 units in a similar period a year ago," the Punjab-based farm equipment manufacturer said.

"We have broken our past record and protected top position in overseas market with a triple digit development of 108 percent in July," Deepak Mittal, managing director said, including the aggregate deals in the April-July period remained at 5,155 units. Vital associations with worldwide brands like Yanmar o Japan and Argo of Italy have Supported the organization to grow a lot quicker in the worldwide markets particularly in the European, US and Saarc markets, he said.

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सोनालिका ट्रैक्टर विदेश बाजार में 108% की वृद्धि

Published on 13 August, 2019

सोनालिका ट्रैक्टर विदेश बाजार में 108% की वृद्धि

ITL, जो ट्रैक्टर के सोनालिका और सोलिस ब्रांड से मिलकर बना हुआ एक ब्रांड है, उन्होंने जुलाई में 1861 यूनिट्स के साथ 108 प्रतिशत की वृद्धि दर्ज की । पंजाब स्थित  इंटरनेशनल ट्रैक्टर्स ने कहा, '' हमने जुलाई 2019 में 1861 ट्रेक्टर यूनिट्स की ब्रिकी की जो जुलाई 2018 के 906 यूनिट्स के मुकाबले 955 ट्रैक्टर्स अधिक है | जिसके कारन जुलाई वॉल्यूम में 108 प्रतिशत विकास दर्ज किया है।"

प्रबंध निदेशक दीपक मित्तल जी  ने कहा, "हमने जुलाई में 108 प्रतिशत के तिहरे अंकों के विकास के साथ विदेशी बाजार में अपने पिछले रिकॉर्ड और संरक्षित शीर्ष स्थान को तोड़ा है,दुनिया भर के ब्रांड जैसे यानमार ओ जापान और इटली के Argo  के साथ महत्वपूर्ण संगठन के कारन  ने ITL  को दुनिया भर के बाजारों में विशेष रूप से यूरोपीय, अमेरिकी और सार्क  बाजारों में बहुत तेजी से बढ़ने का समर्थन मिला  है|

Published by: Khetigaadi Team

ट्रैक्टर उद्योग के विदेशी व्यापार में गिरावट

Published on 8 August, 2019

ट्रैक्टर उद्योग के विदेशी व्यापार में गिरावट

भारत एक कृषिप्रधान देश है | और लगभग 70 प्रतिशत भारत की आबादी कृषि पर निर्भर है | बढ़ते आबादी के साथ भारत अपने जीवनमान में नई तकनिक का भी इस्तमाल कर रहा है | आज भारत का कृषि उद्योग भी तकनीक के साथ आगे बढ़ रहा है | ट्रेक्टर इंडस्ट्री इस कृषि उद्योग की नीव है | भारत देश में कई ट्रेक्टर निर्माता है, जिनका कारोबार भारत के साथ साथ विदेश में भी फैला हुआ है |

विदेश बाजार में ट्रेक्टर के बिक्री के बारे में जानकारी के साथ जून 2018 के ट्रेक्टर बिक्री आकड़ो के मुकाबले जून 2019 के आकड़ो को भी जानना जरुरी है |जून 2019 में कई ट्रेक्टर निर्माता विदेश ट्रेक्टर बिक्री में भारी गिरावट का सामना कर रहे है | और कुबोटा और एस्कॉर्ट्स जैसे ट्रेक्टर निर्माता अपना जून 2018 का टारगेट पार करने में सफल हुए है |

एस्कॉर्ट्स ट्रैक्टर्स कंपनी के घरेलु बाजार ट्रेक्टर बिक्री में भले ही गिरावट है पर विदेश बाजार में ट्रेक्टर बिक्री में एस्कॉर्ट्स ट्रैक्टर्स ने भरी मात्रा में सफलता हासिल की है | एस्कॉर्ट्स ट्रैक्टर्स की विदेश बाजार बिक्री में लगभग 38.7 प्रतिशत की वृद्धि हुई है | एस्कॉर्ट्स ट्रेक्टर ने जून 2018 में 225 ट्रेक्टर की बिक्री की थी जबकि इस जून 2019 में 312 ट्रैक्टर्स बेचे गए |   एस्कॉर्ट्स के साथ साथ VST और PREET ट्रेक्टर ने भी विदेश बाजार में जून 2019 में अछि सफलता हासिल की है | 

न्यू हॉलैंड ट्रेक्टर ने भी विदेश ट्रेक्टर बिक्री में  जून 2018 के मुकाबले 25 प्रतिशत के गिरावट का सामना किया है | जून 2018 के मुकाबले जून 2019 में न्यू हॉलैंड ने 247 ट्रैक्टर्स कम बेचे थे |  भारत की सबसे बड़ी ट्रेक्टर निर्माता कंपनी महिंद्रा एंड महिंद्रा ने विदेश बाजार में जून 2019 में सिर्फ 3 प्रतिशत गिरावट  का सामना किया | और जॉन डियर ट्रेक्टर निर्माता कंपनी ने तो जून 2018 के मुकाबले 0.9 प्रतिशत गिरावट का सामना किया |  

सबसे भारी मात्रा में जून 2018 के मुकाबले विदेश बाजार में गिरावट का सामना ITL, TAFE और SDF ने किया है | ITL ने जून 2018 में विदेश बाजार में 2190 ट्रेक्टर बेचे थे,और इस जून 2019 में 33.4 प्रतिशत की गिरावट के साथ सिर्फ 1459 ट्रैक्टर्स बेचे है | जून 2018 के मुकाबले 60.1 प्रतिशत के गिरावट के साथ SDF ट्रैक्टर्स ने विदेश बाजार में जून 2019 में सिर्फ 446 ट्रेक्टर की बिक्री की है | लगभग 50 प्रतिशत की गिरावट के साथ TAFEट्रैक्टर्स का विदेश बाजार जून 2019 में 882 ट्रैक्टर्स पर समाप्त हुआ है |  ट्रेक्टर इंडस्ट्री ने विदेश बाजार में जून 2018 में 8540 ट्रैक्टर्स की बिक्री की थी जो  जून 2019 में 227. 4 प्रतिशत गिरावट के साथ 6205 ट्रेक्टर पर है |

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