Italy-based multinational company Maschio Gaspardo Group which specializes in the production of agricultural machinery, has entered
into India with its maiden manufacturing unit set up in Ranjangaon, Pune. The state of the art manufacturing facility has been set up at an
investment of Rs 200 crore.
Currently having presence in 14 countries with a wider base in Italy, the group specializes in the production of agricultural machinery for
tillage, sowing, seeding, landscaping, forage-making, sprayers and crop care.
The plant is proposed to manufacture rotary tillers, mulchers and seeders for the domestic market in the beginning which would later be
expended to the manufacturing of other machineries. To start with, the new plant will manufacture products for Mahindra & Mahindra and New
Holland India.
Plans are also underway to serve the needs of Maschio Gaspardo Group's other global customers, by providing local supply to their India and
Asia Pacific facilities.
“The growing importance of Indian agricultural market gives this country a central position in Maschio Gaspardo Group’s global strategy.
Pune is an ideal location for our new plant because the city provides a strong infrastructure and a rich talent pool of skilled workforce in
the manufacturing sector. Our long-term vision is to capture agricultural growth through investing in fast growing markets and
aligning our manufacturing footprint with the needs of our global customer base,” said Alessio Riulini, Managing Director, Maschio
Gaspardo India.
The new plant will aid Maschio Gaspardo Group to achieve its aim for 2012; to exceed $280 million (~Rs 1400 crore) turnover. The Pune plant
will currently employ 120 people and will be increased to 250 people along with planned investment of Rs 100 crore until 2017.
