• Angry
  • Awesome
  • Hungry
  • Secret
  • Results 1 to 2 of 2

    Thread: VST shifts tractor operations to Hosur

    1. #1
      Driving a Code 6 remapped
      Fiesta Classic
       
      Awesome
       
      bala_321's Avatar
      Join Date
      Sep 2013
      Location
      Chennai
      Posts
      2,141

      VST shifts tractor operations to Hosur

      VST Tillers Tractors is shifting its tractor manufacturing operations to Hosur in neighbouring Tamil Nadu.


      The new plant, with an installed capacity of 36,000 tractors and set up at a cost of Rs.70 crore,

      would be formally inaugurated on April 25 , Executive Director B. C. S. Iyengar said,

      giving details of the four-wheel drive 22 HP tractor launched recently.

      Mr. Iyengar, addressing press persons here on Monday, said the decision to consolidate the tractor operations at Hosur

      was to primarily meet the growing market demand for power tillers by creating space at the Whitefield Road plant here.


      Apart from better infrastructure at Hosur, another reason was Bangalore becoming a luxury for industry, he said,

      adding that everything from salaries was pegged to the IT sector.


      The plant of VST Tillers Tractors was the only manufacturing unit on the Whitefield road

      with the neighbourhood morphing into malls and IT complexes.

      This aspect had not missed the attention of investors who wanted the company to shift out of Bangalore

      and capitalise on the real estate value of the 19.5 acre plant.

      On whether this was being considered, Mr. Iyengar replied in the negative, but added the option could not be ruled out completely.


      The company, whose product range includes a 18.5 HP four-wheel tractor,

      has a plant in Mysore where key components such as crank shaft, cylinder block and connecting rod are made.

      VST Tillers Tractors, a part of the VST group, posted a turnover of around Rs.600 crore in 2013-14,

      and is working on a 26-HP vehicle that will be a product for small and marginal farmers.

      It sold 7,400 units last fiscal, in a market whose size is estimated around 30,000 units, including Chinese imports .

      The company, looking to sell 10,000-12,000 units this year, wants the government to provide enhanced subsidy,

      to farmers, for made in India mini-tractors.


      Source : http://www.thehindu.com/business/Ind...cle5934417.ece

    2. #2

      Toll Free Suresh
       
      Awesome
       
      suresh_gs's Avatar
      Join Date
      Jun 2012
      Location
      KA 01 / TN 22
      Posts
      2,415
      Quote Originally Posted by bala_321 View Post
      decision to consolidate the tractor operations at Hosur

      was to primarily meet the growing market demand for power tillers by creating space at the Whitefield Road plant here.
      VST tractors unit is pretty close to ITPL. The other mechanical oriented company is SAN locomotives. Infact one can see an old steam locomotive outside the factory facing the main road.

    Thread Information

    Users Browsing this Thread

    There are currently 1 users browsing this thread. (0 members and 1 guests)

    Similar Threads

    1. M&M world’s No.1 tractor co by volume
      By shishirbn in forum General Discussions
      Replies: 7
      Last Post: 1st Sep 2016, 23:48
    2. Replies: 9
      Last Post: 26th Feb 2014, 11:04
    3. Vespa starting Indian operations soon: Edit - Launches LX125
      By trustvishwas in forum Indian Bike News
      Replies: 17
      Last Post: 5th Mar 2013, 20:32
    4. 27/05/2012 - Down in the Hosur pits
      By Sidhu Saab in forum OTR's
      Replies: 8
      Last Post: 28th May 2012, 14:07
    5. SCOOP: AL's U-4936 tractor trailer
      By camchennai in forum Commercial Vehicles
      Replies: 4
      Last Post: 16th Nov 2011, 22:59

    Bookmarks

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •