HMT is a large public sector unit and began manufacturing Agricultural Tractors in 1972 under the HMT brand name with technology acquired from Zetor of the Czech Republic. It manufactures its tractors in Pinjore, Panchkula in a large factory that also manufactures machine-tools, and Hyderabad It has a capacity of 20,000 tractors per annum. In the Machine-tool company is a large foundry. It produces tractors in a range from 25 HP to 75 HP. HMT has also exported tractors to the USA under the Zebra brand, which were marketed by Zetor distributors and dealers there. The company is controlled by the Ministry of Heavy industry that provides to the public its financial performance. Indo Farm Equipment Limited is an ISO certified company located in Himachal Pradesh and is into manufacturing of world-class tractors, cranes, engines, diesel gensets and has now recently launched Harvester Combine Agricom 1070 for wetland paddy harvesting. Incorporated in 1994, and has over two decades of experience in manufacturing and marketing of various engineering products. Indo Farm commenced commercial production of tractors in October 2000 at its plant located at Baddi in District Solan, Himachal Pradesh. Spread over an area of 34 acres, the plant started with the production of a single model. Within a decade of successful operations Indo Farm grew to a company having models in the range of 30 HP, 38 HP, 42 HP, 48 HP, 50 HP, 52 HP, 55 HP, 60 HP, 65 HP, 75 HP and 90 HP with many variants. Within a year of its operations, the company had successfully indigenized the engine components, manufacturing and assembly processes, and accordingly stopped import of engines. In 2008, the company diversified into manufacturing and marketing of Pick-N-Carry cranes of 9 tonnes - 20 tonnes capacity and has recently commenced production of mobile tower cranes too. Engines being the company's core competence area, it is now making engines for generator sets that are exported overseas. In 2000, John Deere set up production in a joint venture with Larsen & Toubro Ltd in Sanaswadi, in a rural area near Pune, Maharashtra. It was known as "L&T John Deere Private Ltd", and manufactured tractors under the L&T - John Deere name for sale in India, and under the John Deere name for worldwide sales. In 2005, Deere & Company acquired nearly all the remaining shares in this joint venture.