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Yanmar and Shaktiman Forge Global Strategic Partnership

Business |Agreements & Stratergies

Yanmar Agribusiness (YAG) and ShaktimanAgro (TATPL) have signed an MOU to form a strategic alliance to enhance their global presence in agricultural machinery.

579 views | Date: July 15, 2025

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Yanmar and Shaktiman Forge Global Strategic Partnership
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Gujarat - Yanmar Agribusiness (YAG)., an agricultural machinery company, and ShaktimanAgro., a brand of Tirth Agro Technology (TATPL) and an agricultural implements producer, have entered into a strategic business collaboration aimed at strengthening their global competitiveness in the agricultural machinery market. The Memorandum of Understanding (MOU) was formally signed by Mr. Mustafa Kemal Erdogan Shoshi, President of YAG, and Mr. Shashank Watane, Senior Vice President of TATPL.

The partnership will leverage YAG’s extensive global footprint and expertise in agricultural mechanization alongside TATPL’s strong product portfolio and market leadership in agricultural implements. Together, the two companies plan to deliver integrated, field-proven solutions to farmers worldwide.

Yanmar Agribusiness is recognized internationally for its Yanmar-branded tractors, combine harvesters, and a wide range of agricultural machinery. The company’s expansive sales and service network ensures comprehensive support for customers across global markets.

Meanwhile, Shaktiman, a brand under TATPL, holds a significant market share in India’s agricultural implement segment and is widely respected for its product quality, reliability, and versatility.

Through this collaboration, YAG and TATPL aim to respond to the evolving needs of modern agriculture by providing farmers around the world with high-quality, fully integrated machinery and implement solutions, helping them improve productivity, efficiency, and sustainability in farming operations.

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Yanmar AgribusinessShaktimanAgroMOU