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The Economic Times
The Economic Times
Business

Fieldmarshal targets 10-15% market share in below-20 HP tractor segment in 3 years

Rishi Patel

Mumbai: Rajkot-based diesel engine manufacturer Fieldmarshal PM Diesels, which launched new single-cylinder engines in the 15 hp and 18 hp categories, looks to corner around 10-15 per cent market share in the below-20 HP tractor segment over the next three years, a top official said on Friday.

New engines are compliant with the latest Tractor Emission Stage V (TREM V) norms - equivalent to BS VI emission standards for vehicles - and are approved by the Automotive Research Association of India (ARAI), Rishi Patel, Director, Fieldmarshal PM Diesels, said.

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