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Escorts raises tractor prices as Iran war pushes up input costs

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Escorts has increased the prices of its tractors, citing higher costs linked to the conflict involving Iran. The move reflects pressure on manufacturing expenses that has been spreading across the sector. The company has passed on part of these added costs to customers through the revised pricing. The decision highlights how geopolitical tensions can feed into domestic equipment prices for farmers and buyers.

Read the full story at Economic Times

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