Mahindra recently stated in a regulatory filing that the two companies have entered into a "business collaboration arrangement" that will "respond to diversifying customer needs and contribute to the sustainable development of Japanese agriculture."
The German Agricultural Society (DLG) is postponing the Agritechnica trade fair. Because of the continuing Corona pandemic as well as the progress of vaccination programs, both in Germany and abroad, the DLG, VDMA Agricultural Machinery Association and Agritechnica’s exhibitor advisory board have concluded that insufficient certainty for planning currently exists for the world-leading exhibition in November.
The Board of Directors of Mahindra and Mahindra Limited announced that Dr. Anish Shah, presently the Deputy Managing Director and Group Chief Financial Officer, would take over as the Managing Director and Chief Executive Officer, effective April 2, 2021.
According to a report from The Jerusalem Post, Kubota has partnered with innovation firms Kinneret Innovation Centre and Impact Innovation Israel in order to "be exposed to attractive deals early on and be on top of new trends and developments."
According to a report from Trak.in, Mahindra confirmed that it had let go 48 employees last year from its automotive and farm equipment segments, with another 98 having been 6 months to find a new job.
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The latest episode of On the Record is now available! In this week's episode we take a look at AEM's recent survey of manufacturers on their outlook for business in 2021. In the Technology Corner, Jack Zemlicka discusses precision farming dealers' revenue outlook for the year ahead. Also in this episode, a closer look at AgJunction and Raven's latest earnings reports and an update on ag credit conditions.