Pune: After a successful presence in 15 horsepower (HP) segment of mechanised agriculture machinery, Kirloskar Oil Engines Limited (KOEL)on Thursday has now forayed into less than 13 horsepower segment by launching its Mega T 12, Min T 5, Min T 8 products.
Addressing a press conference at Hotel Sheraton Grand on Thursday, Antony Cherukara, VP Corporate Strategy and Business Head Agriculture said that in India the landholding per farmer is decreasing over time as the number of family members is increasing.
“As land holding decreases there is need for increased productivity on farmland and products of KOEL will certainly help small farmers in increasing their productivity,” added
The Mega T12 which performs like a tractor and has the versatility of a tiller was launched three years ago and now products with smaller horsepower have been launched by KOEL.
The Min T5 has a 4.6 HP engine and Min T8 has a 7.5HP engine. RR Deshpande, Joint Managing Director, KOEL said that Kirloskar did research in rural areas and got feedback from farmers that they need machinery which is safe, productive and versatile, which led to the innovation of these machines.
Cherukara said the price ranges from Rs 90,000 to Rs 1.65 lakh.
“Our products are more efficient and help in increasing productivity. The same amount of work is done in half the time by our machines compared to those from other companies. Farm yield can only be increased through mechanisation which should be affordable and should create ownership.
Kirloskar has always been with the farmers and with investments of over Rs 100 crore our aim is to ultimately benefit each and every farmer in India in the long run,” added
The company is also aiming at increasing the number of dealers from 315 to 500.