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Mahindra to roll out new K2 tractor series from Zaheerabad facility
Mahindra to roll out new K2 tractor series from Zaheerabad facility
IT Minister KT Rama Rao thanks Mahindra for their new investment in the State
Hyderabad : The Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES) on Tuesday announced that it will manufacture a new tractor series called the 'K2', exclusively at the company's tractor manufacturing facility at Zaheerabad in Telangana.
Developed through close collaboration between the engineering teams from Mitsubishi Mahindra Agricultural Machinery of Japan and Mahindra Research Valley, India, the K2 series aims to create a light-weight tractor programme for both domestic and international markets.
The new series will enable Mahindra to introduce products across four new tractor platforms, in the Sub Compact, Compact, Small Utility and Large Utility tractor categories, covering 37 models across various HP points. The new series will cater to domestic as well as international markets including USA, Japan and South East Asia.
Information Technology Minister KT Rama Rao said that the government was very grateful to Mahindra for their new investment in Telangana. "One of the most remarkable features of Telangana's investment landscape over the last six years is a series of repeat investments by our existing investors.
The new investment by Mahindra is one such example. This goes on to show that existing investors find the policy is working on the ground, and the going to be good, leading them to invest continuously," he said.
Rajesh Jejurikar, Executive Director, Automotive & Farm Equipment Sector, M&M mentioned, "This project is focused on diversity and scalability, to meet the varied expectations and different regional requirements of customers and markets across the world.
The Zaheerabad facility which has always received tremendous support from the Government of Telangana is very well equipped to meet this challenge and we hope to substantially improve employment opportunities through this project."
