Tractor maker Escorts has entered into a joint venture (JV) with Rajkot-based auto components maker, Amul Group. The JV is formed for manufacturing specialty tractor ‘Steeltrac’.
Escorts tied up with Amul Industries in 2012 for the development and distribution of Steeltrac. The new JV will help Escorts tap the growing market for specialty tractors.
Steeltrac is a specialised tractor which is complementary to general purpose tractors that can efficiently facilitate operations like inter-weeding for farmers growing row crops such as groundnut, cotton and sunflower.
A modern production facility in Rajkot has been set up to manufacture the specialised tractors. The facility has a capacity to produce over 10,000 tractors a year.