Italy-based Maschio Gaspardo's (MG) Indian subsidiary, Maschio Gaspardo India (MGIPL) plans to invest Rs 300 crore in their Ranjangaon plant, near Pune in Maharashtra to farming instruments like tillers.The Italy company is specialised in the production of several agricultural machinery.

The Ranjangaon facility is spread over 25,000 sq mts and the investment is planned for expansion of production capabilities for rotary tillers, power harrows, precision planters, cereal seed drills, combination cultivator-drills, mulchers, sprayers and minimum tillage equipment in India. Maschio Gaspardo is a company that develops and moulds new ideas; transforms them into products and technology that will assist farmers in their drive for efficiency.