Escorts is aiming double-digit growth in tractor sales in 2021-22, having registered good volume in the first quarter. Despite the uneven spread of monsoon in its strong markets of the north and east parts of the country, the company is confident that it will be able to continue its growth momentum. However, it is expecting some slowdown as a result of an increase in commodity prices resulting in higher costs of tractors.
Escorts is one of India's leading engineering conglomerates with over six 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.
