VST Tillers Tractors management has decided to restrict the production to days a week both at Bangalore and Hosur plant. This step has been taken since due to various reasons the sale of power tillers and Tractors has not kept pace with the plant production since October, 2014 which has resulted in carrying higher finished goods inventory. Besides, the management expects that the situation is not likely to improve in near future.
VST Tillers Tractors was incorporated in technical collaboration and joint venture with Mitsubishi Heavy Industries and Mitsubishi Corporation, Japan for the manufacture of Power Tillers and Diesel Engines.
