MoneyWorks4Me

Escorts enters into partnership with Italian company

21 Feb 2013 Evaluate

Tractor manufacturer, Escorts has entered into partnership with Italian company BCS S.p.A to distribute and sell the specialty Ferrari brand of tractors in India. The first product to be launched is a 26 HP model that has all four equal sized wheels, an all-time 4-wheel drive and oscillating chassis system suited for use in vineyards and orchards in India.

Further the tractor which comes with an introductory price of Rs 8 lakh, will initially be available at selected dealership in Maharashtra and will later be extended for sales across the country.

Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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