Company Performance Metrics
Agriculture is a promising sector whose true potential lies completely untapped due to numerous challenges. According to a policy discussion paper of PRS India, the food requirements of the country to feed its growing population is projected to be 300 million tonnes by 2025. With such an arduous task in hand, it is important to keep offering
futuristic solutions that can go a long way in the areas of agricultural reforms.
Right from the inception of human-animal based farming to rain water harvesting measures, use of high yielding varieties during the Green Revolution to solar pumps for irrigation, mechanised agriculture practices to numerous government initiatives and subsidies, agriculture is going through a significant transformation phase.
No doubt, active support is pouring generously from the public, business organisations, NGOs, government and others but a lot remains unaccomplished. Farmers are still experiencing decreasing per hectare yield, fragmented land holdings, sky-rocketing fuel prices, inadequate farm mechanisation, low income Vs high expenditure and other such issues. The private sector can prove to be a blessing in disguise for farmers by eradicating these problems through maximum capital investment, technological innovation, improved infrastructure and market access.
With this scenario in mind, the Proxecto and its team decided to take sincere efforts for improving farmer's productivity and lives. They took a new decisive step in agricultural transformation with their affordable latest farming technology and gave a push to the next generation of tractors. The segment was chosen strategically as the farming vehicle is an axis where the entire life of farmers revolves. A tractor is not just used on farms but also used as a transportation medium and a source of revenue with its diverse uses. With their relentless efforts and expertise, the future-ready hybrid agricultural vehicle (HAV) is now ready for mass production under the initiative of "Make in India" to redefine the face of the existing agrarian sector. It is a big leap for the flagship government "Make in India" initiative as the path-breaking hybrid farming product made for Indian peasants and future agricultural requirements consist of around 90% native Indian technology.
The innovation-driven and fuel-efficient hybrid agricultural vehicle (HAV) is a complete trendsetter due to its frugal technology, future adaptability into whole electric farm machinery, self-sustainability and out-of-the-box features.
