25 Nov, 2022
Faridabad, November 8, 2022: Escorts Agri Machinery (EAM), division of Escorts Kubota Limited, shall be increasing the prices of its tractors effective 16th November 2022.
The price hike is to offset the impact of the cost inflation in both commodity and other costs. The increase in prices would vary across models and variants.
For an economy to survive and grow for years to come, inflation is necessary. However, in the tractor industry sticking to this fact, Escorts has announced and acclaimed the prices of its tractors to hike by a certain margin.
Thus, this surprising increase in the prices of the Escorts Kubota tractors is the outcome of compliance with regulation 30 of the SEBI regulations, 2015. The price increase is in effect from 16th November 2022.
Escorts Kubota tractors have taken a step ahead towards the hike in prices of all its tractor models that quite evidently gauges the economical inflation impacting the agricultural and tractor industry. This announcement by Escorts Kubota has really got everyone wondering about the sales that will happen after 16th November.
Well, TractorGyan keeps a close check on the current and important news revelations or announcements to help our farmer friends get better updates on the farming and tractor industry. Hence, for any more such updates related to Escorts Kubota price hikes or any other tractor-related gig keep visiting our website.
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