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Escorts to launch premium tractor from 2015: Report

08 May 2013 Evaluate

Escorts, one of India's leading manufacturers of agriculture and infrastructure equipment is reportedly planning to launch a premium tractor in 2015. The code name for the premium tractor will be IVR3. The new premium tractor will be an agriculture-solution with a mix of software technology and machineries.

This will be a heavy duty tractor with 55 brake horse-power and above. Meanwhile the company is in talks with around 11-15 global companies mostly from the European region for technology collaborations.

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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