KTZ localizes equipment production in Indonesia

CHEBOKSARY. July 8 (Interfax) - Chetra LLC, part of the Tractor Plants Group (KTZ), plans to localize equipment production in Indonesia, the company's press service reported.

Chetra and the Indonesian company PT. Minang Jordanindo signed a memorandum of cooperation at the Innoprom 2026 international industrial exhibition. According to the document, the parties will jointly develop a roadmap for localizing production, outlining timelines, investment volumes, and required incentives.

The manufactured equipment could be positioned as an Indonesian product, created using Russian technologies and Chetra's manufacturing experience.

"The partnership envisages a phased technology transfer over 10 years, similar to the special investment contract model used in Russia," according to the statement.

Chetra LLC sells industrial and municipal equipment and spare parts under the Chetra brand, as well as spare parts and components for equipment from international manufacturers under the ChAZ brand.