According to the FADA’s monthly report on tractor sales, retail tractor sales increased in January 2023 by 7.96 % compared to January 2022.
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Tractor sales in January 2023 were higher than those recorded for all tractors sold in January 2022, according to information and data provided by FADA. For January 2023, sales of all tractor brands in India indicate a little increase and decrease. Sales for all tractor brands have upgraded, demonstrating the increasing demand for tractors in the Indian market. Let’s have a look at each brand’s sales of tractors in January 2023 in detail.
Mahindra & Mahindra Sales Report:
Mahindra & Mahindra’s sales report reveals that the company’s tractors have outpaced all other tractor brands in the market with total sales of 16981, and January 2023 sales have increased from January 2022 ’s 12988 sales.
International Tractors Limited’s (Sonalika Tractor) sales report:
Sales noted for January 2023 were 8945 as opposed to January 2022, which were 9121, allowing the market leader ITL – Sonalika tractors to achieve stability in its overall number of tractor sales with a minimal fluctuation in sales number.
TAFE Limited’s (Massey Ferguson Tractor) sales report:
TAFE is a well-known brand in the tractor business since it produces high-quality tractors. The total sales for this year’s January 2023, which were 7960, have increased from the 6302 sales for January 2022.
Escorts sales report:
The overall number of escort sales for January 2023 was 7670, up from January 2022’s final tally of 5457. With a demonstrable increase in tractor sales, Escorts is another strong brand in the industry.
Report on sales for John Deere:
John Deere’s sales for January 2023 were 5812 in total, a significant rise from the previous year’s sales of 4877 in January 2022. This demonstrates a rise in consumer demand for John Deere tractors.
Kubota sales report:
In comparison to January 2022, which accounted for 1438, Kubota tractors have shown a small increase in sales, with 2318 total sales in January 2023.
New Holland sales report:
The total number of tractors sold in January 2023 and January 2022, respectively, was 2861 and 2233.
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