New Cars and Bikes in India

Mahindra To Invest ₹ 100 Crore In Telangana Plant To Build New K2 Series Tractors

The new K2 series is Mahindra's ambitious light-weight tractor programme that is being developed for both domestic and export markets. In addition to the Rs. 100 crore investing, Mahindra also plans to double employment in the tractor plant by 2024.

Mahindra's Zaheerabad plant employees with an E7 series tractor expand View Photos
Mahindra's Zaheerabad plant employees with an E7 series tractor

Highlights

  • Mahindra's new K2 series will be the company's new light-weight tractors
  • K2 will bring investments of Rs. 100 crore into the Zaheerabad plant
  • Mahindra plans to introduce products across 4 new tractor platforms

Mahindra and Mahindra has announced its plan to manufacture its new K2 series tractors exclusively at the company's manufacturing facility in Zaheerabad, in the state of Telangana. It's Mahindra Farm Equipment Sector's (FES) ambitious light-weight tractor programme that has been developed through close collaboration between the engineering teams from Mitsubishi Mahindra Agricultural Machinery of Japan and Mahindra Research Valley, India. For the new K2 series tractors, the company will be making an additional investment of ₹ 100 crore in the Zaheerabad facility, and plans to double employment in the tractor plant by 2024.

Rajesh Jejurikar, Executive Director, Automotive & Farm Equipment Sector, M&M mentioned "As the world's largest tractor manufacturer by volume, Mahindra is on an exciting path to developing the K2 series, one of our most ambitious tractor programs. This project is focused on diversity and scalability, to meet the varied expectations and different regional requirements of customers and markets across the world. Our 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".

Also Read: Anand Mahindra Gifts A New Tractor To Bihar's 'Canal Man'

qckrvrl8

Mahindra's Telangana plant has a production capacity of over 1,00,000 tractors per year on a 2-shift basis.

The new K2 series will be lightweight tractors that have been designed for both domestic and international markets. Mahindra says that under the new series it will introduce products across four new tractor platforms, in the Sub Compact, Compact, Small Utility and Large Utility tractor categories, covering 37 models across various horsepower points. Mahindra also plans to export the new K2 series tractors to markets like - USA, Japan, and South-East Asia. Right now, around 65 per cent of Zaheerabad's tractors are being exported globally.

Newsbeep

Also Read: Mahindra Records 2 Per Cent Growth In Tractor Sales In October 2020

tll07fng

The facility also manufactures the company's next-generation range of Yuvo and Jivo tractors

0 Comments

Mahindra claims that it's the only tractor manufacturer in Telangana and so far, the company has invested close to ₹ 1,087 crores at its facility in Zaheerabad. Right now, the farm equipment manufacturing unit employs over 1,500 workers and has a production capacity of over 1,00,000 tractors per year on a 2-shift basis. The facility also manufactures the company's next-generation range of Yuvo and Jivo tractors, including the recently launched Plus Series of tractors. The Zaheerabad plant is flexible enough to roll-out over 330 different tractor variants ranging from 30 to 100 horsepower.

For the latest auto news and reviews, follow carandbike.com on Twitter, Facebook, and subscribe to our YouTube channel.

You might be interested in

Research on Mahindra Cars

  • Mahindra Thar
    Mahindra Thar
  • Mahindra Thar Without Roof
    Mahindra Thar Without Roof
  • Mahindra Thar With Roof
    Mahindra Thar With Roof
  • Scorpio Front Side Profile
    Scorpio Front Side Profile
  • Scorpio Front Profile
    Scorpio Front Profile
  • Scorpio Front Grille
    Scorpio Front Grille
  • Bolero Camper Frontviewjpgv2019 06 21
    Bolero Camper Frontviewjpgv2019 06 21
  • Bolero Camper Stylejpgv2019 06 21
    Bolero Camper Stylejpgv2019 06 21
  • Mahindra Bolero Grill
    Mahindra Bolero Grill
  • Mahindra Bolero X Sharped Bumper
    Mahindra Bolero X Sharped Bumper
  • Mahindra Xuv300floating Roof Design
    Mahindra Xuv300floating Roof Design
  • Striking Led Drls
    Striking Led Drls
  • Xuv 300 Aggressivechrome Front Grill
    Xuv 300 Aggressivechrome Front Grill
  • Mahindra Supro Side Front
    Mahindra Supro Side Front
  • Mahindra Supro Front
    Mahindra Supro Front
  • Mahindra Supro Rear
    Mahindra Supro Rear
  • New Design Sporty Metallic Grey Spoke Alloy Wheels
    New Design Sporty Metallic Grey Spoke Alloy Wheels
  • New Dynamic X Type Spare Wheel Cover
    New Dynamic X Type Spare Wheel Cover
  • New Muscular Piano Black Front Grille
    New Muscular Piano Black Front Grille
  • Kuv100 Nxt Front Side Profile 11
    Kuv100 Nxt Front Side Profile 11
  • Kuv100 Nxt Front Side Profile 1
    Kuv100 Nxt Front Side Profile 1
  • Kuv100 Nxt Front Side Profile 8
    Kuv100 Nxt Front Side Profile 8
  • 2018 Mahindra Xuv500  Facelift Runing Side Shot
    2018 Mahindra Xuv500 Facelift Runing Side Shot
  • 2018 Mahindra Xuv500 Side View
    2018 Mahindra Xuv500 Side View
  • 2018 Mahindra Xuv500 Side Profile
    2018 Mahindra Xuv500 Side Profile
  • Marazzo  Exterier  Premium Chrome
    Marazzo Exterier Premium Chrome
  • Marazzo  Exterier Alloy Wheels
    Marazzo Exterier Alloy Wheels
  • Marazzo  Exterier Entry Assist Lamps
    Marazzo Exterier Entry Assist Lamps