M&M to hike prices of its tractors from January
PTI, Dec 21, 2020, 10:32 AM IST
New Delhi: Mahindra & Mahindra (M&M) on Monday said it will hike prices of its range of tractors from next month in order to partially offset the impact of rising input costs.
In a regulatory filing, M&M’s Farm Equipment Sector said, effective January 1, 2021, it will increase the price of its range of tractors, across models.
This has been necessitated due to the increase in commodity prices and various other input costs, the company added.
Details of price increase across different models will be communicated in due course, M&M said.
Last week, M&M had announced it will hike prices of its entire range of passenger and commercial vehicles from next month in order to partially offset the impact of rising input costs.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Infosys CEO Salil Parekh gets 88 pc jump in salary to Rs 79.75 crore
Moody’s slashes Indian economy growth forecast to 8.8 pc for 2022
Twitter to pay $150mn penalty for failing to protect user data
IKEA to open flagship store in Bengaluru in June 2022
Vipul Organics hires a veteran of Chemicals Industry as Head of Sales and Marketing
MUST WATCH
Latest Additions
LS secretariat asks estates officer to initiate eviction proceedings against ex-AAP MP Mann
Karnataka Secretariat employees to boycott work on Friday, govt calls it ‘illegal’
Vice President Naidu to visit Gabon, Senegal and Qatar from May 30 to June 7
PM Modi picks Tamil pitch
Eight-year-old Malda girl meets Mamata to thank her for welfare schemes