28 July 1998
English tractor maker sells to India
THE Financial Times reports on HST Developments, which is about to have its tractors made in India in volume.
The high-speed tractors are designed for pulling loads along roads as well as trundling around fields. They will be built in a £2 million plant in Madhya Pradesh. HST is building the model in partnership with Gajra Gears, a large Indian gear manufacturer.
About 500 will be built next year, with annual volumes forecast to grow to 6,000 by early next decade.
HSTs tractors have a unique suspension and drive system which gives the machines a speed of up to 40mph. They are also unusual in having three seats, so farmers can take friends and family along for the ride.
The tractors will sell for £5,000, 10-15% more than conventional tractors in India.
HST has about 250 of its “Trantour” tractor units operating in the UK, which were made in a factory in Sandbach, Cheshire. The plant shut in 1987, leaving the market open for JCB, which produces a fast tractor called Fastrac.
- Financial Times 28/07/98 page 11