VST Tillers and Tractors

• Established in 1967
• Specializes in affordable small tractors and tillers for small farmer who own 70% of land holdings.
• Largest manufacturer of power tillers with 45% market share
• Technical colloboration with Mitsubishi Heavy Industries and Mitsubishi Corp of Japan for power tillers and diesel engines.
• Also manufacturers 
• Mechanized rice transplanter
• Power Reapers
• Engines,
• Auto components
• Agricultural Implrments
• Products exported to
• Africa
• Russia
• Myanmar
• Components exported to
• UK
• Europe
• Mutual funds hold 9.76% stake
• Bonus shares in 1:2 ratio issued in Feb 2010