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Mahindra & Mahindra has established a new exclusive farm machinery plant at Pithampur in Madhya Pradesh, India, spanning 23 acres with capacity to manufacture 1,200 combine harvesters and 3,300 rice transplanters per year. The company plans a cumulative investment of ₹3,400 crore across its Farm Equipment Sector during 2022-24.
“As leaders in tractorisation of India for several decades, we are now determined to grow our farm machinery business by 10 times in 5 years.”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.