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Mahindra’s Zaheerabad plant to be hub for new K2 tractor series

The K2 series aims to create a light-weight tractor program for both domestic and international markets

Escorts announces new ventures

In late August, Escorts announced plans to manufacture rough terrain (RT) and truck-mounted cranes in joint venture (JV) with Tadano Ltd.

X factor drives growth

At under 60,000 units of CE, the industry?s contribution to the auto component industry, at nearly $40 billion for 2010-11, is still very insignificant considering a tractor production of over 5,25,000 units and medium and heavy commercial vehicles over 3,30,000 units.

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