Tractors, the Italian industrial Group manufacturer of Landini, McCormick and
Valpadana brand tractors and India based International Tractors Limited, Indian
manufacturer of Solis and Sonalika brand tractors have signed a partnership
agreement. The agreement was signed in the presence of Valerio Morra, President
of Argo Tractors and Deepak Mittal,
Managing Director of International tractors.
the bottom of this strategic agreement will be the provision by ITL of six
tractor models, between 45hp to 90hp, under the license of Landini and
McCormick brands, exclusively intended to Low Regulation Countries.
agreement , says Valerio Morra, “marks the beginning of our project with a
long-term perspective, implementing for our Group a worldwide growth strategy,
as outlined during the recent EIMA show in Bologna, always focusing on our main
pillar, the tractor. The cooperation with the International Tractors Limited
will grant us the complete product range offered to Low Regulation Countries
adding a family of basic tractors totally complementary to our product line-up.
At the same time, we will provide, with our brands, the customary levels of
distribution and high-quality after-sales service”.
strategic agreement was signed by Valerio Morra and Gaurav Saxena - President
& CEO, International Tractors Limited, India. International Tractors Ltd.
is an Indian full tractor manufacturing company producing tractors in the range
of 20HP to 120HP. It stands as the no.1 brand in four countries, as the 6th
largest tractor manufacturer globally by volumes and is recognised in both
domestic as well as international markets as a formidable player. It has
established a state-of-the-art integrated tractor manufacturing plant,
strategically located in Hoshiarpur, Punjab.
ITL has presence in more than 100 countries and has crossed 100,000 tractors
sales globally last year. About 2000 plus dealers in the domestic and export
markets and 6000 employees are the major strength of the group. ITL has
overseas assembly facilities as well in Brazil, Turkey and Algeria besides the
Indian production base.
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