18 Nov, 2021
Faridabad, November 15th, 2021: Escorts Agri Machinery (EAM), division of Escorts Limited, shall be increasing the prices of its tractors effective 21st November 2021.
There has been a steady rise in commodity prices necessitating a price hike to offset the impact of the continuing inflation.
The increase in prices would vary across models and variants.
Other tractor companies may also increase the tractor price. This is the third time in the year that the companies are looking for the price hike.
About Escorts Limited:
Escorts Ltd is one of India's leading engineering conglomerates with over seven decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment. The company has diversified business in to three different segments. Escorts Agri Machinery (EAM), Escorts Construction Equipment (ECE) & Railway Equipment Division (RED).
The company is committed to excellence in engineering, innovation in products, development of market-relevant technologies and the highest of cost efficiencies to create value for its customers and shareholders.
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