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VST Tillers Relies on New Products for Growth, Wary of Supply and Monsoon Challenges
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VST Tillers banks on new launches for growth, cautious on supply and monsoon risks
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CNBC TV18
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02-04-2026, 17:25
VST Tillers banks on new launches for growth, cautious on supply and monsoon risks
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VST Tillers Tractors expects sustained growth from new launches, including EV tillers, EV weeders, and expanded tractor portfolio.
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CEO Antony Cherukara flags near-term uncertainties due to geopolitical tensions impacting supply chains and potential weak monsoon.
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Company targets ₹3,000 crore revenue by FY30, requiring 24-26% CAGR, a pace achieved last year.
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Growth is driven by increasing mechanisation in the small and marginal farmer segment.
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Current challenges are supply-led, not demand-driven; healthy reservoir levels may mitigate monsoon impact.
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