IFC to fund Euro15Mn Loan SAME Duetz For India Capacity Expansion Plans

SAME Deutz Fahr India is undertaking a project to increase its tractor production, align itself with European methods and standards and restructure its balance sheet.

The total project cost is estimated at Euro38Mn and the funds will be to part fund the capital expenditure. The project is being developed in the SIPCOT Industrial Complex in Ranipet-Vellore, Tamil Nadu.

IFC To Provide Euro15Mn Loan SAME Duetz For Capacity Expansion