Mahindra Associates with Yancheng Tractor On World?s No.1 Route

Today Mahindra & Mahindra (M&M) announced the acquiring news of China?s 3rd largest tractor manufacturing company,Yancheng Tractor. M&M is currently India?s No.1 in tractor segment already acquired many other small and big firms including Gujrat Tractors,Punjab Tractor in their home turf.

Last year?s overall sales figure of M&M was 90000 units and by this latest acquisition they can produce nearly 160000 units and the world leader John Deere(JD) last year sold 170000 globally. Now we think JD will be the most cautious party in tractor segment.

Both companies top officials explained the pro?s of this developments, as M&M will be getting benefit from Yancheng?s higher version Tractors, and part sourcing and developments. Similarly Yancheng Tractor will gaining from M&M?s expert management team and R&D capabilities.M&M may get another opportunity to sell their utility vehicles in China.

Let see who is M&M's next prey.