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VST Tillers & Tractors plans a ₹100 crore global tech center in Hosur to drive EV innovations and expand internationally.
VST Tillers & Tractors, a prominent name in the farm equipment and tractor industry, is planning to establish a global tech centre in Hosur, Tamil Nadu, at an investment of ₹100 crore. This new facility will focus on accelerating electric vehicle (EV) innovations, developing advanced technologies, and enhancing testing capabilities. The centre will also promote international collaborations, making it a key hub for research and development.
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The company's primary focus will be on electric powertrains, battery technologies, and advanced driver assistance systems, ensuring the development of safe and reliable electric vehicles for the agricultural sector. Over the past few years, VST has already invested ₹100 crore in R&D, with more investments planned for the future to meet the evolving needs of farmers.
Additionally, VST is expanding its global presence, particularly in the US market, where it recently launched a subsidiary, VST Americas Inc. The company plans to introduce its products in the US by FY26, opening up new growth opportunities. VST is currently active in over 40 countries, with international business accounting for 13.5% of its revenue in FY24.
By establishing this global tech centre, VST aims to lead the industry with cutting-edge solutions that drive the future of farm machinery and equipment.
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With its new global tech centre in Hosur, Tamil Nadu VST Tillers & Tractors is set to accelerate EV innovations and expand its global reach. This investment will enable the company to develop cutting-edge solutions for the agriculture or agricultural sector, positioning it as a leader in advanced farming technologies worldwide.