Mahindra & Mahindra Ltd.

Swaraj Tractors, a part of the Mahindra Group, has invested Rs 200 crore to develop a new range of tractors in the 40-50 HP category to cater to evolving needs of farmers. The new products will eventually replace its current tractors in the category. The new range comes with a new set of features, different set of agri applications. The new tractor range is priced at Rs 6.9 lakh (42 HP) for the base variant and goes up to Rs 9.95 lakh for the 50 HP top-end model.

Mahindra & Mahindra is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.