According to a report from ETAuto, Escorts reported a 9.7% increase in consolidated net profit at Rs 127.73 crore ($17 million) for the fourth quarter in its fiscal year 2020.
Indian tractor manufacturer Mahindra sold a record number of tractors in its most recent financial year, as the domestic market continued to grow sufficiently to offset lower export sales resulting from inventory adjustments in key markets.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.