In a meeting with H.E Ambassador Abdali on Monday, the Country Manager-Asian & Gulf Region International Business Escorts Agri Machinery, Mittil Kumar expressed his company’s interest to set up a distributing Unit in joint venture form with a local company in Afghanistan.
Briefing the Afghan Ambassador about the company, Kumar said since its inception in 1948 the company has developed businesses in three areas e.g. Agriculture, construction equipment and railway products and has more than nine thousand employees adding that the company has established itself as Asia’s largest tractor manufacturer with manufacturing of hundred thousand unit per year.
The country’s manager informed the Afghan envoy that the company already set up local assembling and distributing hub in Bangladesh, South Africa and Tanzania and looking forward to expand its business to Afghanistan. He expressed interest to establish distributing hub and training center in Afghanistan and if need be, the company will upgrade its products to suit the needs of the Afghan farmers. Further on, Mr. Kumar apprised Ambassador Abdali that the company airlifted 400 tractors to Kabul back in 1974.
Ambassador Abdali welcomed the company’s intention to enter the Afghan market and pointed out that Afghanistan has an agricultural based-economy, which before going through decades of war used to be an exporter of crops and other agricultural products in the region. He stated that the country is now striving to revive that capacity that would be not feasible without mechanization of its agriculture.
The Afghan Ambassador informed them of the government policies for easing the procedure for starting a business such as simplifying of obtaining a license through one window policy. He also informed that there are special benefits and incentives for Indians to invest in Afghanistan.
The Afghan envoy tasked the economic section of the embassy to take forward the company’s proposal.
Escorts’ head of Asia region, Mr Yogesh Khattar, Mr. Shoib Habibi, Economic counselor and Abdulhaq Azad, Press Secretary of the Embassy were also present in the meeting.