Kazakhstan negotiates with a number of Indian tractor makers including Mahindra & Mahindra company for the purchase of tractors and agri-input mechanization equipment to boost the agriculture, the country’s ambassador in India Iskander Baitassov reported.
“We are holding dialogues with some Indian tractor makers. Negotiation with Mahindra & Mahindra is ahead than others. We are also inviting another tractor maker Sonalika for an assembly line in Kazakhstan,” he said.
“Mahindra is seeking protection and assurance on sales. This is not possible. However, we will offer help to export the company’s products to the markets of other countries where Kazakhstan has preferential access,” Baitassov stated.
He said the Indian companies had shown greater interest in Kazakhstan in the past few years.
He expressed optimism that there would be healthy growth in bilateral trade to $1.5 billion in 2019 compared to 1.2 billion in 2018. (Trend/Business World Magazine)
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