chennai as part of its farming 30 vision of expanding global footprint and introducing cutting edge technology into the farm equipment sector mahindra mahindra is investing just over 5 million or canadian 663 million for a 10 stake in canadian technology company resson aerospace corpthe investment is an allcash deal that will allow mm to use the canadian companys technology a combination of computer vision machine learning and big data analytics to offer insights into crop health both in key global markets as well as in india mm will acquire around 800402 class c preferred shares of resson aerospace and the deal should be sealed by may10 2018mm has been aggressively investing in a series of global companies with an eye to either gain critical products or marketshare or technology the resson aerospace deal is a technology driven investmentthe deal is in alignment with everything weve been saying about advanced technology farming or farming 30 and the resson aerospace technology will be useful for us globally said a senior company source we have ambitions not restricted to india mms farming 30 vision is about the use of digital technology to change the way farming is done the company has showcased technologies like driverless tractors as part of this larger visionin the past couple of years mm has invested in a number of global companies in early 2017 it acquired 75 stake in turkeybased farm equipment manufacturer hisarlar makina sanayi ve ticaret anonim s irketi and followed it up with the acquisition of turkish tractor maker erkunt traktor sanayii as later that year mm plans to double its global revenue from the farm equipment sector to 5 billion by 2019 targetting that 50 of its total farm equipment sector revenue comes from global markets