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Mahindra do Brasil announced construction of a new tractor assembly plant in Araricá, Brazil, with an initial investment of about $11 million, expected to reach $20 million over five years. Annual production capacity is 8,000 units, and the plant will serve the Brazilian and Mercosur markets.
“Producers are realizing Mahindra's global strength. They are looking for partnership with the brand.”world-agritech.com
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