In order to strengthen its market share in tractor segment, Escorts Limited, India’s leading tractor manufacturer, announced the launch of its new premium tractor series - Farmtrac ‘Executive’ Series, is a range of stylish looking tractors. With best-in-class combination of impressive features, modern design, and world-class technologies.
This new series has set its sight on the high-end premium Indian tractor market. Available in 45 HP, 50HP and 60HP, these tractors aim to cater to the progressive new- age Indian farmer.
A variant of the New Farmtrac Executive Series has also been launched in Hannover, Germany recently for European and other developed markets.
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“The tractors, on which the farmer spends most of his time, continued to look at the same. With this new series, we want to give Indian farmers glamour quotient in a tractor. Just like the car and bike became status symbols, our tractors will also become a status symbol,” he added.
The company aims to acquire higher market share with the new product, which according to Tandon, comes at a competitive price.