2007

Joint Venture between ITL and MAGMA , August 2007.

On Aug. 10 With a view to provide financing of tractors on less stringent conditions, International Tractors Ltd has entered into a joint venture to set up a new company with Magma Shrachi Finance Ltd. The initial investment in the project would be Rs 25 crore.The joint venture company, to be known as Magma ITL Finance Ltd, would have 74 per cent stake while ITL would have the remaining 26 per cent.

2007

New variant of RHINO RX

New variant of RHINO Rx launched with more technologically advanced engine and added features with utmost fuel efficiency and luxurious comfort at affordable price.

2006

Market Launch of RHINO (MUV)

Market Launch of RHINO (MUV) and Dealer network is being expanded through out the country. Our Chairman Has been Elected as President of TMA, Appointed as Ambassador of Macedonia & a member of National Council Confederation of Indian Ministry. Successfully Developed Four Wheel Drive front axles and Transmission of tractor for Yanmar. Became the third largest tractor manufacturer in India.

2005

Achieved turnover of USD 235 Million For FY 2004-05.

Achieved turnover of USD 235 Million (Rs1000 Cr.)For FY 2004-05. Become the fourth largest tractor manufacturer in India. Rollout of first vehicle from ICML facility. Joint venture with Yanmar Agriculture of Japan for manufacturing of Tractors in India eived the ISO 9001/ ISO 14000 & TS 16949Certification for ICML and ITL. Initiated Crankshaft & Cylinder Block Machining Line and other components under Lean manufacturing System Received orders from Yanmar for Manufacturing of Front Axles and Transmission.

2004

Rollout—100000th Tractor in the year

2004

Opening of in Sonalika group ICML

2003

Started export of tractors to Africa & Asian subcontinents.

2001

Started in house manufacturing of engine for tractor application

2000

Entered into Joint venture with Renault (Class,) from Germany agricultural

1997

Entered into Manufacturing of tractors.

1969

Modest beginning into farm equipment and machinery manufacturing