Escorts

Thousands of tractors are sold every month in India and they are used for small farmers as well as commercial work. The Indian market includes Mahindra & Mahindra, Swaraj, International Tractor Limited, Tafe Limited, Escorts Limited, John Deer and Eicher as well as other companies.

Land and tractor are very important for farmers, it is directly related to their livelihood. The tractor plays an important role in increasing the income of farmers. Also, it is also living for small farmers. Explain that it prepares their crop for better productive land. Today we are going to tell you about the 10 companies selling the most tractors in India, who get a lot of love from farmers every month. Mahindra & Mahindra's reign is also seen in this segment. Also, after this, there are tractors of other companies including Swaraj, Tafe, Escorts, International Tractors, Eicher, Force and Kubota.

Mahindra Company's most tractors are sold in India

Mahindra & Mahindra sells the most tractors every month in India. Last month, i.e. the sales report of September 2023, Mahindra & Mahindra sold 12,600 tractors last month. This is followed by the Swaraj Division of Mahindra & Mahindra Limited, which sold 9,853 tractors. At number three is International Tractors Limited, which sold 7065 tractors. The fourth place is Tafe Limited, with 6862 tractors sold last month. At number five is Escorts Limited, with 5826 tractors sold in September.

Tractors of these companies are also preferred in large numbers.

John Deere Private Limited is sixth in the top 10 list of companies selling the most tractors, which sold 3792 tractors last month. After this, Eicher tractors ranked and sold 3745 units. CNH Industrial Private Limited was at number eight, which sold 1903 tractors. After this, Kubota Agricultural Machinery India Private Limited sold 918 units and VST Tillers Tractors Limited 279 tractors. After the top 10, the forces were a number of Motors, Gromax and other companies. For your information,  the Federation of Automobiles Dealers Association (FADA) releases sales reports of tractors sold across India.

Escorts Kubota Tractors has released its sales figures for December 2023. According to the data, Escorts Kubota has sold less tractors in December 2023 as compared to December 2022 in domestic and export sales. The company has seen a decline of 17.0% in domestic sales, 31.8% decline in export sales and 18.6% decline in total sales.

Domestic sales of Escorts Kubota

According to the sales report released by Escorts Kubota, the company has faced a huge decline of 17.0% in domestic sales of tractors for December 2023. Escorts Kubota sold 4,979 tractors in India in December 2022. At the same time, the total domestic sales of tractors in December 2023 was 4,131 units.

Also read: Equity structure of Kubota Corp increased to 44.8%. Escorts limited is now Escorts Kubota limited

What are the export sales of Escorts Kubota tractor?

According to data released by the company, Escorts Kubota tractors have faced a decline of 31.8% in export sales. The company has sold a total of 405 tractors outside India in December 2023. But, export sales of 594 units were made in December 2022. Which is more than 2023. 

Total Domestic + Export Sales of Escorts Kubota Tractors

If we take a look at the total sales of Escorts Kubota tractors in December 2023, the company has registered a decline of 18.6% in domestic + export sales in the month of December. The company has sold a total of 4,536 tractors in December 2023. But, 5,573 Escorts Kubota tractors were sold in December 2022. Which is more than 2023.

For your information, let us tell you that in the month of October this year, the sale of tractors has registered a significant decline. The effect was most pronounced in the southern part of India. Where, due to less rainfall and less subsidy, the sales have been very low. However, the sale of tractors is expected to increase this month. In the month of October, domestic tractor sales have registered a decline as compared to the previous year. In fact, the sale of tractors has fallen by 4 percent in the month of October. Overall, 118,232 tractors have been sold in October this year. Last year, the number was 123,525. Industry experts say that due to erratic monsoon and long festive season, sales in the month of October this time have been lower than last year. However, due to the purchase of Dhanteras and Diwali, the sale of tractors has seen a boom in November. It is expected that the sale of tractors in the month of November will be better than that of October.

Decline in the sales of tractor

According to a report published in Business Line, the country's top tractor manufacturer Mahindra & Mahindra sold 49,336 tractors in October 2023 with a decline of 2 percent. Tractor sales of Escorts Kubota, on the other hand, fell 9 per cent to 12,642 units last month. The best performance in the sale of tractors was in the northern regions. Where they sold the most. Similarly, in the western and eastern regions, sales were good to a large extent due to the subsidy received under the government scheme. However, the sales of tractors in the southern regions were not good.

Also read : 

 Escort tractor company gift to farmers.

Escorts Kubota tractor issued its sales report and a significant increase of 3.7% has been observed. Company registered a total sales of 8,258 tractors in 2023, and sold 7,960 tractors in November 2022. 

For your kind information, let us tell you that Escorts Kubota tractor issued its sales report and a significant increase of 3.7% has been observed. Company registered a total sales of 8,258 tractors in 2023, and sold 7,960 tractors in November 2022. 

Sales of Escort Kubota tractors in November 2023 have been registered 7,855 instead of 7,359 as in November 2022. It registered an increase of 6.7% in sales of domestic tractors.

In November 2023, 403 Escorts Kubota export tractors were sold instead of 601 as in November 2022. Company registered a fall of 32.9% in the export market. 

Escorts Kubota tractor sales report November 2023- export and domestic data

Account of November 2023- November 2022 %growth

Domestic       7,855   -  7,359   -  6.7%

Export               403   -  601      - 32.9%

Total               8,258   -  7,960    - 3.7%

There has been observed a fall of 4.0% year to year in sales of Escorts Kubota. 70,069 tractors were sold in 2023 as compared to 72,952 tractors in 2022. Sales of Escorts Kubota domestic tractors was 66,196 units in 2023, which was 67,206 units in 2022.  As a result of which a decline of 1.5% was observed. In year after year export of Escorts Kubota tractors, 3,873 tractors were sold during 2023, whereas a decline of 32.6% has been noticed as compared to 5,746 tractors.