VST invests ₹100 crore to open Global Tech Centre in Hosur
VST Tillers Tractors Ltd. is investing ₹100 crore to establish a Global Tech Centre in Hosur, Tamil Nadu. The facility will focus on R&D for farm mechanization, specifically targeting electric vehicle and internal combustion engine technologies.
Why it matters
This investment signals a shift toward modernization and electrification in the Indian agricultural sector, aiming to improve efficiency and sustainability.
VST Tillers Tractors Ltd. (VTTL), a Bengaluru-based farm equipment manufacturer, will invest ₹100 crore for its Global Tech Centre coming up in Hosur of Tamil Nadu, as part of its strategy to strengthen the research and development (R&D) capabilities and drive sustainable innovation in farm mechanisation.
Serving as its primary global hub for advanced engineering and innovation, the tech centre will accelerate innovation and promote lab and field testing for the new generation of farm mechanization equipment powered by both ICE (internal combustion engine) and EV (electric vehicle) technologies.
The facility would play a pivotal role in fast-tracking innovation, developing proprietary technologies, enhancing testing and validation capabilities, and fostering collaborations with global technology partners and research institutions, it said.
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