Domestic Tractor Sales Report for January 2023- 24.41% Sales Growth
According to a report on domestic tractor sales for January 2023, growth was 24.41%. 65,636 units were sold domestically in January 2023, compared to 52,755 units in January 2022. Let's take a look at Tractor OEM's sales activity in January 2023.
According to a report on domestic tractor sales for January 2023, the recorded growth was 24.41%. 65,636 units were sold domestically in January 2023, compared to 52,755 units in January 2022. Let's take a look at Tractor OEM's sales activity in January 2023.
Sonalika's domestic tractor sales increased by 25.64% to 7581 units in January 2023 from 6034 units in January 2022. Domestic tractor sales for Mahindra Tractors in January 2023 increased by 30.55% to 27,626 units from 21,162 units in January 2022. Whereas, sales for the Tafe group increased by 17.91% to 11,375 units in January 2023 from 9647 units in January 2022.
Sales of John Deere tractors increased by 26.43% to 6720 units in January 2023 from 5315 units in January 2022.
Escorts tractor sales increased by 22.18% to 6235 units in January 2023 from 5103 units in January 2022. Sales of domestic tractors by New Holland increased by 6.60% to 2277 units in January 2023 from 2136 units in January 2022.
Sales of domestic Kubota tractors increased by 39.69% to 1612 units in January 2023 from 1154 units in January 2022.
Tractor sales by Indo Farm fell by 16.32% in January 2023 from 550 units in January 2022 to 460 units.
Looking at the Sales of domestic VST tractors, VST’s sales increased by 18.48% to 436 units in January 2023 from 368 units in January 2022. Furthermore, Preet domestic tractor sales decreased by 10.11 percent in January 2023 to 427 units from 475 in January 2022.
Sales of domestic tractors by ACE increased by 32.56% to 285 units in January 2023 from 215 units in January 2022.
Force tractor sales decreased by 1.74% from 287 units in January 2023 to 282 units in January 2023.
Sales of domestic Captain tractors increased by 16.59% to 260 units in January 2023 from 223 units in January 2022.
Summarized Domestic Tractor Industry Sales
|
Manufacturer |
Jan’ 23 |
Jan’22 |
%Growth |
MS Jan’ 23 |
MS Jan’ 22 |
MS YoY |
|
M&M Group |
27626 |
21162 |
30.55 |
42.09 |
40.11 |
1.98 |
|
Tafe Group |
11375 |
9647 |
17.91 |
17.33 |
18.29 |
-0.96 |
|
Sonalika |
7581 |
6034 |
25.64 |
11.55 |
11.44 |
0.11 |
|
John Deere |
6720 |
5315 |
26.43 |
10.24 |
10.07 |
0.16 |
|
Escorts |
6235 |
5103 |
22.18 |
9.50 |
9.67 |
-0.17 |
|
New Holland |
2277 |
2136 |
6.60 |
3.47 |
4.05 |
-0.58 |
|
Kubota |
1612 |
1154 |
39.69 |
2.46 |
2.19 |
0.27 |
|
Indo Farm |
460 |
368 |
-16.36 |
0.70 |
1.04 |
-0.34 |
|
VST |
436 |
368 |
18.48 |
0.66 |
0.70 |
-0.03 |
|
Preet |
427 |
475 |
-10.11 |
0.65 |
0.90 |
-0.25 |
|
ACE |
285 |
215 |
32.56 |
0.43 |
0.41 |
0.03 |
|
Force |
282 |
287 |
-1.74 |
0.43 |
0.54 |
-0.11 |
|
Captain |
260 |
223 |
16.59 |
0.40 |
0.42 |
-0.03 |
|
SDF |
59 |
86 |
-31.40 |
0.09 |
0.16 |
-0.07 |
|
Total |
65635 |
52755 |
24.41 |
100.00 |
100.00 |
|
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