L&T-John Deere's Pune facility

By Our Staff Correspondent

MUMBAI, OCT. 7. L&T-John Deere Ltd. (LTJD), a 50:50 joint venture of Larsen & Toubro (L&T) and Deere & Company of the U.S., has set up a facility to manufacture agricultural tractors at Sanaswade near Pune in Maharashtra.

The facility was formally inaugurated by Mr. A. M. Naik, MD and CEO, L&T, and Mr. Fred Korndorf, Deere & Company's President, Worldwide Agricultural Equipment. Mr. H. Holck-Larsen, L&T's co- founder and chairman emeritus, handed over the keys of the 410ST tractor to an LTJD dealer.

The facility's manufacturing is carried out at three inter-linked factories: transmission, engine and vehicle assembly. LTJD tractors are designed for more power and enhanced comfort, greater safety and reliability. The company recently launched its Model 5310 tractor (55 hp). Other models to be introduced shortly include 5203 (47 hp), 5103 (37 hp) and 5410 (70 hp).

The company has a network of 40 dealers in Maharashtra, Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka, Rajasthan, Haryana and Punjab.

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Section  : Business
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