The company says that the parts of the tractor are getting expensive, the increased price will vary according to the model and variant. | Company says tractor parts are getting expensive, new prices will be applicable from July 1

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  • The Company Says That The Parts Of The Tractor Are Getting Expensive, The Increased Price Will Vary According To The Model And Variant.

New Delhi34 minutes ago

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After Maruti Car, Hero Bike, tractor maker Escorts has announced to increase the price. The company will increase the price of tractor from July 1. Regarding increasing the price, the company says that due to inflation, the price of tractor parts is increasing continuously. Due to this the price of tractor is being increased. The increased price of the tractor will vary according to the model and variant.

It has not been announced by how much the price of the company’s tractor can increase by Rs.

The reason for the increase in the price of tractor parts

The company has said in the statement that the prices of raw materials used in making the tractor have increased. This includes iron, steel, aluminium, plastics and precious metals. The company has decided to increase the prices of tractors to reduce the impact of increase in raw material prices.

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