December 02, 2008

New Holland Tractors to invest INR 250 crore in India

Project today reported that New Holland Tractors India a Fiat Group company will invest over INR.250 crore to 18 new tractors in the next 3 years. A total of 30 new tractors will be made available from the current 12 by 2011.

As per report, the company will also expand the current installed capacity of 30,000 units to 40,000 units by 2011. The company currently offers tractors between 35 horse power and 75 horse powers.