Research and Markets: Tractors India Limited - 2011 Company Profile - 10% Market Share Of MHE Division Will Fetch Additional INR 700 Cr of Revenues in Next Five Years

DUBLIN--November 22, 2011: Research and Markets has announced the addition of the "Tractors India limited" company profile to their offering.

TIL was established in 1944 and operates three business divisions: material handling solutions (MHS), construction and mining systems (CMS) and power solutions system (PSS). The company has a differentiated business model where it has the ability to provide total infrastructure solutions (supplying of spare parts and offering after sales services) rather than supplying only products which ensures stability in revenues. It has strategic alliances with leading manufacturers in the world such as Caterpillar, Manitowoc Crane Group (US), Famak S.A (Poland), and Paceco Corp (US).

GOI is doubling the port capacity at an investment of INR 60000 Cr over the next five years. Budget 2010-11 government allocated over Rs 173550 Cr for infrastructure and Rs 48000 Cr for rural development. The author assumes near 12% spend is likely on equipment such as cranes, forklifts, and material handling systems, which translates into an opportunity for key players like TIL worth INR 7200 Cr for next five years. The author expects 10% market share of MHE division will fetch additional INR 700 Cr of revenues in next five years.

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