According to a report from The Hindu Business Line, Mahindra has announced a new range of tractors to be created with Mitsubishi of Japan. The new line has been dubbed the K2 platform and is set for release in 2021, with models to be released in varying horsepowers over the next 2 years.
Pawan Goenka, managing director, Mahindra & Mahindra, said, “We are working on a program for developing a new tractor platform called K2. It will have 4 tractor variants. These will be designed for both domestic and international markets. The work is primarily done in Japan in co-operation with Mitsubishi Agriculture Machinery."
According to the report, "While more details about the new platform are awaited, the company indicated that it is also working on intelligent tractors to increase agricultural productivity and address skilled labor shortage issues, among others."
This isn't the first time that Mahindra and Mitsubishi have done business together. In 2015, Mahindra acquired a 33.3% share of Mitsubishi's stock.