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Thursday, October 11, 2001

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Bajaj Tempo launches hi-tech tractors

By Our Corporate Reporter

CHENNAI, OCT. 10. Bajaj Tempo has introduced its new series of hi-tech tractors, Balwan 400 and Balwan 500 and OX 25. The company has set up an automated tractor plant in Pune at a cost of Rs. 100 crores, capable of producing 25,000 units annually. It plans to produce more high powered tractors and farm equipment to provide complete solutions for the Indian farmers.

As a first step in this direction, it proposes to produce tillers, according to Mr. Rakesh Jinsi, Chief Operating Officer(Tractor).

The company aims to market 6,000 tractors this financial year. Though the industry had witnessed a negative growth of 10 per cent and it was further down at 15 per cent, the company could market its product competitively as the integrated facilities, which are utilised for producing light commercial vehicles, utility vehicles, three wheelers, would be common for producing tractors, Mr. Jinshi said.

Our Hyderabad Correspondent adds:

Announcing the launch of its `Balwan' range of tractors and a new 25 hp tractor called `The OX 25' in Hyderabad, Mr. Rakesh Jinsi said last year the company sold 2,000 tractors contributing about Rs. 60 crores to the group turnover of Rs. 625 crores.

He said 75 tractor dealers would be added to its existing network of 175 by March 2002. Bajaj Tempo, he said, was the first in the country to give synchromesh gearbox to a tractor in India. They come with world renowned Mercedes engine with overhead camshaft, Bosch hydraulics, and an oil immersed sealed multi disc brakes which eliminate replacement of brake lining for the entire lifetime of the tractor, he said.

The company also assembles about 700-800 Mercedes engines at its Pune plant for Mercedes Benz cars sold in India, he said.

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