New Delhi: Engineering firm Greaves Cotton on Monday announced its foray into Indian tractor market with the launch of its entry level product 'Greaves Ustad' at a price range of Rs 2 lakh to Rs 2.4 lakh.
Greaves Ustad is present in the 11-12 HP range of entry level tractors and caters to a land holding size of 3-5 acres.
"Our foray into the tractor segment completes the wide range of existing farm offerings. Greaves Ustad is a smart mini- tractor option available in the entry level 11 HP range," Greaves Cotton Farm Equipment Business CEO CM Ashok Muni said in a statement.
The mini tractor will have a low diesel consumption of 1 litre/hr, the company claimed, adding it will have multiple applications such as haulage, cultivator, seed drill, pesticide sprayer and rotavator.