Business   

Siam Kubota to expand presence in India

CHENNAI: Siam Kubota Industry Co. Ltd., an integrated leader in agricultural machinery, has developed a new agricultural machinery for Indian market.

The Thailand-based company, which sells its diesel engines and power tillers through four distributors at present, is planning to expand its presence in India by setting up a representative office and a technical service centre.

Launching a new product Kubota diesel engine ‘RT120 plus’ for the Indian market on Friday, Chatchai Sanguancheewin, General Manager, Siam Kubota, said the overall demand for agricultural machinery in India was 1.4 million units annually and the company was confident of increasing its sales by introducing new products.

He said Kolkata was the major market in India for the company’s power tillers.

At present, the company’s market share was 7-8 per cent and the plan was to increase it to 15-17 per cent in 2009, Mr. Sanguancheewin said.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Highway infrastructure projects take a beating
ICICI Bank to cut rates soon: Kamath
Biocon to scale up R&D spend
Shyam group plans minor port in Orissa
Caution against import of inferior teas
Yamaha to launch gearless scooters
Siam Kubota to expand presence in India

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu