Harvesting machinery is the second largest category in the global farm equipment industry. Mahindra's scale in tractors and Sampo's expertise in combine harvesters allows both companies to offer a broader product portfolio to address the needs of farmers in various countries.
In India the combine harvester market is currently much smaller than tractors but is growing rapidly with the penetration of mechanisation. It is imperative that the Company builds a strong position in this product line for India and other export markets.
Sampo is the global engineering center for the Company's harvester product line. Also various new product development programmes are underway with both the engineering teams working jointly.
Post conversion of CCPS and acquisition of shares as mentioned above, Sampo would become a subsidiary of the Company.
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