Millat Group‚ comprising of three other companies‚ Millat Tractors Limited (MTL)‚ Bolan Castings Limited (BCL) and Millat Industrial Products (MIPL).Millat Equipment Limited is one of the leading manufacturing organizations in Pakistan producing transmission components. The company acquired a complete gear manufacturing setup along with state of the art inspection facility from M/s AGCO Limited-UK‚ (owners of the Massey Ferguson brand of tractors) with an understanding to buy back the transmission components
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of land and labour. Besides it helps in reducing the drudgery in farm operations. The early agricultural mechanization in India was greatly influenced by the technological development in England. Irrigation pumps‚ tillage equipment‚ chaff cutters‚ tractors and threshers were gradually introduced for farm mechanization. The high yielding varieties with assured irrigation and higher rate of application of fertilizers gave higher returns that enabled farmers to adopt mechanization inputs‚ especially after
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Executive summary The New Holland Tractor was present in India in the form of JV with Escorts Ltd‚ since 1969. However NHI was tempted to play a greater role‚ while Escorts ltd. was interested in consolidating its business. Hence in 1995 NHI started its liaison office. The company took pride in itself for always being ahead of the curve by continuously working with farmers in educating them and learning from them about their requirements. NHI had a flat structure and it gave all its employees
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http://angelinajao.wordpress.com/2002/10/29/caterpillar-vs-komatsu-four-decades-of-global-competition/ http://www.doc88.com/p-844510545043.html For more than 75 years‚ Caterpillar Inc. has been building the world’s infrastructure‚ and in partnership with Caterpillar dealers‚ has allowed for positive and sustainable change on every continent. A Fortune 100 company‚ Caterpillar is the world’s leading manufacturer of construction and mining equipment‚ diesel and natural gas engines‚ and industrial
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CASE 1 – Tractor Supply Company Synopsis: Tractor Supply Company (TSC) is a relative large‚ but unknown retailer that targets people seeking a rural lifestyle that operate farms or ranches as hobby. Discussion Questions 1. What is Tractor Supply Company’s growth strategy? What retail mix does TSC provide? TSC targets the hobby farmer/rancher‚ who are fully employed in jobs but want to enjoy a rural lifestyle and operate a farm or ranch in exurbs of a city. The retail mix of TSC is: • Location
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Role: New Higher at Caterpillar Tractor Co. Question: Morgan asks you: What Cat’s Sustainable Distinguishable Competitive Edge is? Answer: Our Sustainable Distinguishable Competitive edge is our chain of distribution‚ which through our large geographic base allows us to be independent of any domestic business cycle. Centered Argument: Through keen managerial strategy our company was able to establish business overseas before our competitors. Pioneering the overseas market allowed us to be able
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subject: Financial Reporting Millat Tractors Limited Synopsis of Annual Director report 2013 Touqeer Hussain Awan Submitted To: Sir Ubaid Ur Rehman ABOUT MILLAT TRACTORS LIMITED BOARD OF DIRECTORS CHAIRMAN MR. SIKANDAR MUSTAFA KHAN CHIEF EXECUTIVE SYED MUHAMMAD IRFAN AQUEEL MR. LATIF KHALID HASHMI MR. SOHAIL BASHIR RANA MR. LAEEQ UDDIN ANSARI MIAN MUHAMMAD SALEEM MR. MANZOOR AHMED (NIT NOMINEE) MR. SAAD IQBAL COMPANY SECRETARY MIAN MUHAMMAD SALEEM CHIEF FINANCIAL OFFICER MR. JAVED MUNIR
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job. I drove the old Ford tractor down the gravel driveway with dust rising in choking clouds from under the tires. Small and seemingly non-descript‚ that tractor meant the world to me. Nearly fifty years old‚ the blue paint was weathered and sun-faded; the tires balding and worn smooth. Often it would take two or three tries to start up‚ but once running‚ she could be depended on for as long as needed. My father‚ two uncles‚ and my older sister had all driven this tractor down these roads and through
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Abstract: Long the pride of Peoria‚ Illinois‚ Caterpillar‚ Inc. has established itself as a premier global manufacturing powerhouse whose commercial construction‚ transportation and engine solutions have come to symbolize durability‚ quality‚ and economic progress. This project paper examines the operational and financial numbers resulting from the company’s global sales reach. This paper reviews the publically available corporate financial results for the last decade. This financial data review
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It is important For Caterpillar to develop new products for the same reason all other companies produce new products‚ to try to stay ahead of the competition. Times change and equipment needs to change with them. New methods are developed that require new machines‚ and you don’t want to let your competitors meet those needs instead of you. Another reason is‚ people change and what they want or need is different. New products also offer innovation (Page 393). It is important to test your new equipment
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