: India has great potential in farm machinery sector: ACMA #FinanceIndia #StockMarketNEWS India has great potential in farm machinery sector: AMCA Ludhiana, Apr 8 (KNN) India is a global leader

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India has great potential in farm machinery sector: ACMA #FinanceIndia #StockMarketNEWS
India has great potential in farm machinery sector: AMCA Ludhiana, Apr 8 (KNN) India is a global leader in tractor manufacturing and there is an immense potential for growth in the farm-machinery sector, said Automotive Component Manufacturers’ Association of India (ACMA), Director General, Vinnie Mehta on Friday.

The apex body of Indian auto component industry, concluded the 2nd Farm Equipment and Implements Localisation Expo at Hotel Radisson, Ludhiana, on Friday.

It aimed to create a localised, resilient, and robust supply chain for the tractor and implements industry.

AMCA President Sunjay Kapur said “The expo’s primary objective was to bring the stakeholders in the tractor and farm implements sector together in order to facilitate a strong, localised, and robust supply chain.”

Kapur is also the chairman of Sona Comstar, an automotive and components manufacturer.

A total of 48 component manufacturers displayed their products at the event.

Veterans from original equipment manufacturers such as International Tractors Ltd. (Sonalika), Mahindra & Mahindra – Swaraj Division, Mahindra & Mahindra Ltd – Farm Division, Preet Tractors Ltd and Punjab state agriculture implements manufacturers association also attended the event.

Participants like Machino Polymers Limited showcased sustainable products used in exteriors and interiors of the car. (KNN Bureau)