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Escorts to launch new products by FY14-end

04 Jan 2014 Evaluate

Escorts, one of India’s leading engineering conglomerates in agri machinery segment will launch new products by FY14-end. The company’s sale has grown more in north and east regions than south and west regions of the country.

The company has sold 3,852 tractors in December 2013, down by 3.84% against 4,006 tractors sold in December 2012. Domestic tractor sales in December 2013 stood at 3,809 as against 3,988 tractors in December 2012, a fall of 4.49% over last year.

However, export for the month of December 2013 surged 138.89% to 43 tractors as that of 18 tractors in December 2012.

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