<p>Mahindra & Mahindra (M&M) on Monday said it will hike prices of its range of tractors from next month in order to partially offset the impact of a rise in input costs.</p>.<p>In a regulatory filing, M&M's Farm Equipment Sector said, effective January 1, 2021, it will increase the price of its range of tractors, across models.</p>.<p>This has been necessitated due to the increase in commodity prices and various other input costs, the company added.</p>.<p>Details of price increase across different models will be communicated in due course, M&M said.</p>.<p>Last week, M&M had announced it will hike prices of its entire range of passenger and commercial vehicles from next month in order to partially offset the impact of rising in input costs.</p>
<p>Mahindra & Mahindra (M&M) on Monday said it will hike prices of its range of tractors from next month in order to partially offset the impact of a rise in input costs.</p>.<p>In a regulatory filing, M&M's Farm Equipment Sector said, effective January 1, 2021, it will increase the price of its range of tractors, across models.</p>.<p>This has been necessitated due to the increase in commodity prices and various other input costs, the company added.</p>.<p>Details of price increase across different models will be communicated in due course, M&M said.</p>.<p>Last week, M&M had announced it will hike prices of its entire range of passenger and commercial vehicles from next month in order to partially offset the impact of rising in input costs.</p>