ITL To Set Up New Tractor Manufacturing Plant With an Investment of Rs 850 Crore Exclusively For Exports
ITL, a key player in the global tractor industry, has introduced three distinct series of Solis tractors, tailored to meet the diverse requirements of the international market.
In a significant stride towards consolidating its position as India's leading tractor export brand, International Tractors Limited (ITL) unveiled five innovative tractor series designed for international markets at the Global Partners Summit (GPS) 200, hosted in Gurugram, India. This landmark event saw over 200 channel partners from across the world convening to witness the launch of ITL's groundbreaking agricultural machinery.
ITL, a key player in the global tractor industry, has introduced three distinct series of Solis tractors, tailored to meet the diverse requirements of the international market. Among the standout offerings is the revolutionary SV Solis electric tractor, capable of being fully charged from 0% to 100% in a mere 3-3.5 hours. This pioneering model is a testament to ITL's commitment to innovation and sustainability.
Emphasizing the company's dedication to growth and development, ITL also announced a substantial investment of Rs 850 crore to establish an entirely new tractor manufacturing plant exclusively for exports. In addition to this, Rs 150 crore has been earmarked for research and development, reflecting ITL's unwavering commitment to pushing the boundaries of agricultural technology.
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The newly launched tractor series span a wide spectrum of applications to cater to the needs of farmers around the world:
N Series: Designed for use in narrow farm settings, such as orchards and vineyards, these tractors promise versatility and agility.
C Series: Equipped with Stage-V series engines, these tractors are engineered for robustness and durability, ensuring reliable performance under challenging conditions.
S Series: Boasting power outputs ranging from 10hp to 125hp, these tractors are specifically designed for the most demanding agricultural tasks, showcasing ITL's commitment to high-performance solutions.
SV Series: As an environmentally conscious choice, this series presents zero-emission solutions, aligning with the global push towards sustainable agriculture.
H Series: Featuring Hydrostatic Automatic Transmission (HAT), these tractors prioritize comfort and ease of use, making them ideal for various farming applications.
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Reflecting on the company's growth journey, an ITL spokesperson highlighted their unwavering dedication to adapting and evolving to meet the dynamic needs of farmers. ITL's relentless pursuit of innovation and excellence ensures a prosperous future for farmers not only in India but also across the world.
ITL's ambitious investments, coupled with its dedication to producing cutting-edge agricultural machinery, mark a significant step towards enhancing the global agricultural landscape. The launch of these new tractor series reaffirms ITL's commitment to empowering farmers with reliable and efficient machinery, underscoring the vital role agriculture plays in India's economic progress and food security worldwide.
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