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.