Monarch Tractor CEO Praveen Penmetsa says the world's agtech center is taking shape right next to Silicon Valley's AI, EVs, and autonomous code.
When the company's co-founders — including a former Tesla gigafactory chief — launched the company in 2018, the goal, Penmetsa said, was to build a tractor every farmer in world can eventually afford to use. Its chief farming officer, Carlo Mondavi, is a fourth generation member of the famous vineyard family.
Penmetsa says it will also pay off for companies like Constellation Brands, which face mounting requirements to report on ESG goals and generate cost savings from more efficient operations, while also winning the brand war with consumers of the end product.
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