ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Import Ban Helps

Import Ban Helps Hansavivek ESCORTS is making all-out efforts to meet the large demand for tractors resulting from the ban on imports of tractors coupled with the liberal availability of bank credit to farmers. The company's tractor sales have improved "remarkably" in the first four months of 1973. Last year, it could produce and deliver only 6,000 tractors as against 9,000 in 1971. Ready availability of imported tractors and a drop in the demand for tractors in the earlier part of the year pushed down tractor sales 1972. Moreover, the company could not get a sufficient supply of engines from indigenous suppliers during the peak selling season, nor could it make tractors with imported engines until October 1972. The company has been permitted to set up a unit to produce 16,000 engines for tractors, according to a design secured from its Polish collaborator. H P Nanda, President of Escorts, acknowledges the continued support of the government in raising the production of tractors through supply of machinery and imported components and raw materials and is confident that the industry will not only fully meet the indigenous demand, but will also export to neighbouring developing countries. Nanda expects his company's sales of tractors to at least match those

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