New Holland Fiat India rolls out 250,000th tractor
Tractors and agriculture equipment maker New Holland Fiat India (NHFI) celebrated as the company rolled out its 250,000th tractor, New Holland 5500, from their plant in Greater Noida. This prized tractor was purchased by Hema Raghuwanshi based in Vidisha district in Madhya Pradesh and she was handed over the keys by Mr. Rakesh Malhotra, Head of NHFI at a ceremony held to mark the occasion.
Further expansion plans are on the cards as the company is setting up a new plant in Chakan near Pune to manufacture sugarcane harvesters, cotton pickers and combine harvesters. This new plant is expected to be operational by 2015. An investment of over INR 1,200 crores is to be invested over the next three years out of which INR 900 crores will be invested in the manufacturing unit coming up in Maharashtra. Production capacity at the Greater Noida plant is being increased to reach 60,000 tractors in teh next 2 years.
Franco Fusignani, Fiat Industrial Chief Operating Officer Asia Pacific, who presided over the official ground breaking ceremony of the Greater Noida plant in 1998, commented about the milestone, “I have been closely involved in New Holland’s history in India from the very beginning, following its progress as it has been anticipating and meeting the changing needs of farmers. NHFI’s success has also come from its careful attention to the customer, which extends beyond high productivity farming techniques, fuel consumption and operator comfort to include a focus on the environment and sustainable practices. This is a source of great pride and I am confident that it will continue to support as effectively the future development of Indian farming.”
Stefano Pampalone, Head of Fiat Industrial Operations – India, Pakistan, Far East and Japan, speaking on the occasion said, “India is an extremely important market for the Group. NHFI is a key international hub for us, as it exports its products and components worldwide, with approximately 25% of its tractors sold in about 50 countries, primarily in Africa, the Middle East and North America. The expansion we announced today aims to further develop our manufacturing base and product offerings to leverage our capability of providing complete farming solutions and expert support.”
Rakesh Malhotra, Head of New Holland Fiat India, added, “We established our presence in India in 1998 with the first ever 75 HP category tractors and since then have consistently offered technologically superior products, exemplary training and after-sales-service to take care of the discerning needs of the Indian farmers. The numerous quality certifications awarded to the Greater Noida plant are proof of the high standards we maintain. Today, on this special occasion, we wish to renew our commitment to our customers and thank them for the trust they have placed in us.”