Why john deere wants to enter Indian Agriculture Industry especially Micro Irrigation.?

Question

John deere recently purchased plastro plasson who got 50% share in finolex plastro plasson industries ltd which got reputed name in indian drip industry.

Answer 1

Anil,

any business that does not grow  - dies.

both companies now have a chance to grow. that's life.

Answer 2

John Deere bought this company because they see a way to make the company more profitable.  Also they see that India is a growing agriculture economy.  Likely you will be seeing a lot more John Deere involvement in Indian agriculture.  This is a positive sigh for Indian agriculture.

Answer 3

as a way of marketing a product and for profit and if their micro irrigation does good in india they will start to market it worldwide

Answer 4

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