Apart from expanding its portfolio under the Railway Business division, Farm equipment and engineering goods maker Escorts has recently announced that it will launch three new models of tractors in the domestic market in the coming six months.

With a view to gain more ground in the domestic market, the new launches are aiming to take on the counterparts like Mahindra & Mahindra. Escorts Joint Managing Director Nikhil Nanda has recently said that the company has already launched two products with a high horsepower in the fiscal and it plans to launch 2-3 more in the remaining part of the year.

While the new launches are expected to augment its current base, it is widely believe that the new models will be across various horse power segments. Selling under three different brands umbrella, Escorts collectively offers products ranging from 30 to 90 horsepower engines.

After the met (meteorological department) predicted a good monsoon in the current season, it is believed that the April-September period will be one of the busiest for the tractor market. Moreover, with an increasing focus on the mono rail and metro locomotive segments, Escorts is aiming to augment its Railway business division.