International Tractors Limited (ITL) launches 5 new tractor series; targets to double global sales in next 3 years

October 18, 2023 10:00 AM AEDT | By Cision

Google News:

International Tractors Limited (ITL) launches 5 new tractor series; targets to double global sales in next 3 years — Image source: Kalkine Media

Recent News

The Most Entrepreneurial Cities of 2025 Prove Size Doesn't Matter

Third Time’s the Charm: Magenta Giving Month Breaks Records With $3.3M...

Is Trade Uncertainty Slowing China's Industrial and Retail Momentum?

What Caused the Sudden Move in This ASX Lithium Stock?

NEW DELHI, Oct. 18, 2023 /PRNewswire/ -- International Tractors Limited (ITL), India's number one exporter of tractors, has launched 5 tractors, including their electric model – Solis SV Series. The new tractor range also comprises Series S, Series C, Series H, & Series N, and all products offer world-class technology and advanced emission control system for farmer efficiency worldwide. The launch was organized concurrently with ITL's global conference 'Global Partners Summit (GPS) 200' in India where 200+ channel partners participated from various countries.

Leveraging a strong manufacturing base in India and superior worldwide network of 3,000 dealers, ITL offers highest quality products at competitive costs to farmers globally.

Announcing the launch of the five new series, Mr. Sushant Sagar Mittal, Executive Director of ITL said, "Our commitment to develop hero products for our customers with superior quality and offer world class customer service has inspired us to invest Rs. 850 cr. in technology upgradation with our new plant and Rs. 150 cr. into R&D to launch new tractor series. All our new tractors reflect upon our dedication to innovation and our ongoing commitment to ensure prosperity for the world farming community."

Sharing his thoughts on the launch, Mr. Rahul Mittal, Executive Director of ITL said, "We have found a winning formula by combining European styling and Japanese quality at Indian manufacturing costs. The special ingredient in this formula is our constant growth mindset with biggest network of channel partners who dream big, willing to take up new challenges and are ready to reinvent. This formula is shaking up the global tractor industry. Our aim is to help farmers all across the globe to increase their productivity and make a difference in their life. We aim to achieve that through innovation."

Mr. Gaurav Saxena, Director and CEO of International Business at ITL shared, "We believe in a global commitment towards the agri community that transcends borders and value our customer's prosperity. We have been the No 1. Export brand from India since last 4 years and hold No. 1 position in 15+ countries in the addressable segment. These new five tractor series will enable us to strengthen our position in the world markets with support of our biggest network of over 3000 dealers."

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.