John Deere aims growth of 10% in Tractor export.
The Pune-based company had exported 25,000 units worth Rs 2,750 crore in the 2014-15 fiscal (November-October) to countries including the US, Europe, Canada, Africa and Asian nations like Thailand.
John Deere India Managing Director Satish Nadigar said, "We export mostly tractors from India. Our exports grew by 13 per cent last year. But this year, exports are likely to rise by 10 per cent to 27,500 units due weak global economy".
John deere has recently launched a new tractor with advanced features for the paddy market in Thailand. Another tractor has been introduced in the US with tier-IV emission norms.
He added that company has plans to launch these tractors in Indian market and also sees growth opportunities besides poor agriculture machinery demand this year.
Tractors with ‘JD link’ system have technology that helps customers track fuel level, engine temperature and mileage, among others, he added. Currently, the cotton picker is being used on an experimental basis in some states like Andhra Pradesh and Punjab. Certain types of agronomical practices, specific seeds and pesticides are required for farmers to use this machine, for which the company is creating awareness by working with state governments and universities, he said.
"Cotton sowing needs to be done with certain row spacing and the crop must ripen at the same time for using machine for cotton picking. Currently, farmers pick cotton thrice, the machine can do it once," he added.
Source: Economic Times