GRIMME and Shaktiman India’s leading agricultural implements manufacturer have announced a 50:50 joint venture to develop & market potato and other root crop machines in India.
The JV will leverage German technology from GRIMME and manufacturing capabilities of Shaktiman to design and develop full-line solutions for potato and other root crops. The JV will enable both partners to optimize their current and future capabilities in the sub-75 HP category.
Christoph Grimme, Member of the Executive Board, GRIMME, said, ‘‘We look forward to this partnership and are firmly convinced that we are combining our strengths to serve the growing Indian market. This JV will equip us to develop specific machines to cater the needs of India and similar markets’’
Mr. Franz-Bernd Kruthaup, CEO, GRIMME, said ‘‘our combined expertise will enable this JV to harness the expanded opportunities and offer the farming community with reliable & world class machines. We look forward to a new future that will revolutionize the root crop market in India and beyond’’
Mr. Ashwin Gohil, Chairman, Shaktiman shared in his key note “JV will be able to bridge the big gaps in farm mechanization for potato cultivation in India with availability of technically advance, indigenized and affordable machines.”