The Eicher 242 tractor has a 25-horsepower engine. This is a single-cylinder engine with a displacement of 1557 cubic centimetres. It has an inline fuel injection pump, which is fuel efficient and gives the best mileage. This pump ensures that the engine has a direct fuel supply. The eicher 242 hp price ranges between Rs. 4.05 lakh* and Rs. 4.40 lakh*. The Eicher Tractor 242 price may vary by state. It only comes in one variant.

The Eicher 242 has a functional gearbox system. It uses both constant and sliding mesh gearboxes. It has eight forward gears and two reverse gears, allowing the operator to drive the tractor at various speeds. It has a single clutch. With this gearbox system, the Eicher tractor 242 can travel at a forward speed of 27.66 kilometres per hour. It features a live, twenty-one-splined shaft-type PTO with a speed of 1000 RPM. This PTO is compatible with a wide range of farming equipment.