Tiller makers see biz potential in import curbs

Vijay C Roy

Tribune News Service

Chandigarh, July 24

With the Centre imposing curbs on import of energy tillers and its parts, Punjab-based producers foresee an enormous enterprise alternative. They are of the view that since Punjab is a hub of agricultural equipment, there’s an immense scope of producing energy tillers within the state if the federal government helps within the growth of an engine.

Punjab is a hub of farm equipment and making energy tillers won’t be a difficulty. The solely stumbling block is growth of engine. If the federal government units up an R&D centre, will probably be a recreation changer. — US Ahuja, MD, New Swan Enterprises

Last week, the federal government imposed curbs on the import of energy tillers and its parts. These are primarily imported from China and account for over 30% market share in India.

“Import coverage of energy tillers and its parts has been amended from free to restricted,” the Directorate General of Foreign Trade said in a recent notification. Under the “restricted” class, the importer has to hunt a licence and there’s a cap on the import.

There are round 20 gamers in Punjab, together with producers, assemblers and element makers of energy tillers.

“Punjab is a hub of farm machinery and making power tillers won’t be an issue. The only stumbling block is the development of an engine. If the government sets up an R&D centre at the Institute of Auto Parts and Hand Tools Technology, Ludhiana, it will be a game changer,” mentioned US Ahuja, MD, New Swan Enterprises, Ludhiana, an assembler of energy tillers.

At current, Indian energy tillers are dearer by Rs 20,000 to Rs 40,000 than the imported ones. The indigenisation of the engine would convey down the associated fee, mentioned Ahuja. The value of an imported tiller begins from Rs 30,000 and goes as much as Rs 1.5 lakh.

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