Companie

Escorts to increase tractor prices from April 1

Our Burea Chennai | Updated on March 24, 2021

Escorts Agri Machinery (EAM), division of Escorts Ltd, shall be increasing the prices of its tractors effective April 1.

“There has been a steady rise in commodity prices necessitating a price hike to offset the impact of the inflation. The increase in prices would vary across models and variants,” said a company statement.

EAM recently announced that it achieved the landmark sales of 1,00,000 tractors in the current fiscal, surpassing the previous highest ever sales achieved in 2018-19.

Published on March 24, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.