M&M hikes tractor prices

Rajesh Kurup Updated - November 12, 2014 at 09:33 AM.

Mahindra & Mahindra Ltd’s Farm Equipment Sector (FES) has increased the prices of its tractors, effective November.

The increase is in the range of Rs 6,000 to Rs 10,000 depending on the model, the company said in a statement.

The price hike has been necessitated owing to increase in commodity prices and conversion costs, it added.

>rajesh.kurup@thehindu.co.in

Published on November 12, 2014 03:52