Business Standard reported that Mohali based Swaraj Tractors that was in doldrums few years back is in an expansion mode. Despite an inconsistent growth in the tractor industry in the past two years, the tractor player has doubled its production in last 5 years and has set the target to increase annual production by 20,000.
Mr Bishwambhar Mishra CEO of Tractor and Farm Mechanisation of Mahindra said that the company produced 30,000 tractors against the capacity of 60,000 tractors per annum in the year 2007-08, that was scaled up to 70,000 tractors per annum and has a target to manufacture 90,000 tractors in a year in the next year.
Mr Mishra said that this has been achieved without making any substantial investments. The optimum utilization of the available resources helped to achieve the higher targets.
The Swaraj tarctors has become the second tractor company in the world to win coveted Deming Award.
The Deming Prize was awarded to the company on November 14 in Tokyo.
He said that Swaraj Tractors was the second company in the world to get this award. He added that Mahindra took over Swaraj Tractors in year 2007 and transformed the outfit in various parameters. The company has been awarded as it helped to improve the lives of all stakeholders and they are customers, employees, vendors, shareholders and society at large.
