Mahindra launches 'JIVO'

Image
Press Trust of India Bengaluru
Last Updated : Aug 09 2017 | 4:48 PM IST
Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) today announced the launch of its small tractor 'Mahindra JIVO' here.
A new age, superior technology small tractor platformin the sub 25HP category, the Mahindra JIVO, priced at Rs four lakh for 4WD model (ex-showroom Karnataka), is suitable forrow crop and horticulture farming, company officials said.
They said the tractor would be available in the 4WD versionwith engine power of 24HP and PTO power of 22HP.
"This is our first launch in southern states, and weare very confident that we will get a very good response as Karnataka is a very important market and houses every thing right from millets to sugarcane to pulses, cotton," Mahindra & Mahindra Ltd Farm Equipment Sector vice-president (marketing) Ravindra Shahane told reporters here.
With the launch of JIVO, Mahindra entered the growing segment of horticulture and row crop farming, the company officials said adding that it had been designed keeping in mind the latent needs of this specialised farming segment and is an ideal choice for the farmers owing to its narrow and compact build and power.
Claiming to be the leader in the tractor market,Shahane said the Mahendra enjoys 45.8 per cent market share,adding that the Indian tractor market is expected to be six lakh units this year.
The company said Mahindra JIVO 245 4WD would also be available in unique two tone red and silver sheet metal and would be equipped with Mahindra DiGiSENSE technology which would enable farmers to get updates on their tractors' performanceas well alerts on a real-time basis.
Going forward, a 20 HP 2WD product has been planned on the JIVO platform, which will be launched during October - December 2017 period, it said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 09 2017 | 4:48 PM IST

Next Story