News

New tractors from TAFE

Tractors and Farm Equipment Ltd. (TAFE) has introduced two new set of tractors called the smart series and the premium compact utility series. Part of the Massey Ferguson brand, the smart series tractors range between 40 hp and 60 hp, and are available in two- and four-wheel drive configurations. They are designed with international styling according to Mallika Srinivasan, Chairman[Read More…]

by October 27, 2016 News
Tata ‘Truck world’ in Chandigarh

Tata ‘Truck world’ in Chandigarh

Tata Motors showcased over 40 different products, from haulage to construction related technologies and services, at the Chandigarh ‘Truck World’ recently. The highlight of the expo were the Prima range of trucks and tippers, and the Signa range of Medium and Heavy duty Commercial Vehicles (M&HCVs), which are expected to be commercially available soon in Haryana, Himachal Pradesh and Punjab.[Read More…]

by October 27, 2016 News

MCIE to acquire BFPL

CIE Automotives Indian arm, Mahindra CIE Automotive Limited (MCIE), formerly known as Mahindra Forging Limited, will acquire Bill Forge Private Limited (BFPL). MCIE board of directors resolved to acquire 100 per cent of equity shares for Rs. 13,312 million. Furthermore, MCIE Board resolved to issue 54.49 million shares to CIE Automotive SA (CIE) and BFPL shareholders, including the Haridass Family and[Read More…]

by October 27, 2016 News
Sonalika exploring new export markets

Sonalika exploring new export markets

Sonalika International Tractors Ltd., aiming to grow its exports by over 20 per cent in the current fiscal, is exploring 10 new export destinations including USA, Japan and Korea with its products like the 120 bhp tractor. The first set of tractors, according to Gaurav Saxena,Tractors President-International Operations, have already been shipped to USA. They would be made commercially available[Read More…]

by October 27, 2016 News