Posted On - 10 Dec 2018
On 6th December 2018, A partnership agreement has been officially signed between Argo Tractors, the Italian industrial Group manufacturer of Landini, McCormick and Valpadana brand tractors; and International Tractors Limited, Indian manufacturer of Solis and Sonalika brand tractors, in the presence of Mr. Valerio Morra, President of Argo Tractors and Mr. Deepak Mittal, Managing Director of International tractors. ITL is amongst the major producers of tractors in the world. At the bottom of this strategic agreement will be the provision by ITL of six tractor models, between 45hp to 90hp, under the license of Landini and McCormick brands, exclusively intended to Low Regulation Countries.
This agreement – says Mr. Valerio Morra, President of Argo Tractors – “marks the beginning of our project with a long-term perspective, implementing for our Group a worldwide growth strategy, as outlined during the recent EIMA show in Bologna, always focusing on our main pillar, the tractor. The cooperation with the International Tractors Limited will grant us the complete product range offered to Low Regulation Countries adding a family of basic tractors totally complementary to our product line-up. At the same time, we will provide, with our brands, the customary levels of distribution and high-quality after-sales service”. The strategic agreement was signed by Mr Valerio Morra - President, Argo Tractors, Italy and Mr Gaurav Saxena - President & CEO, International Tractors Limited, India