According to FADA’s monthly report on tractor sales, retail tractor sales are expected to increase by 1.48% in April 2023 as compared to April 2022.
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According to the information and data provided by FADA, the tractor sales in April 2023 were higher than all the tractors sold in April 2022. For April 2023, there is a slight increase and decrease in the sales of all tractor brands in India. Sales of all tractor brands have improved, reflecting the increasing demand for tractors in the Indian market. Let us take a detailed look at the tractor sales of each brand in April 2023.
Mahindra & Mahindra Sales Report:
The Mahindra & Mahindra sales report reveals that the company’s tractors have outpaced all other tractor brands in the market with total sales of 12639 and an increase in April 2023 sales from April 2022’s 10698 sales.
Sales Report of International Tractors Limited (Sonalika Tractors):
Sales for April 2023 were recorded at 6964 as against April 2022 which was 6334, helping market leader ITL – Sonalika Tractors to achieve stability in the total number of tractor sales with minimum fluctuations in sales numbers.
Sales Report of TAFE Limited (Massey Ferguson Tractors):
TAFE is a well-known brand in the tractor business as it produces high-quality tractors. This year the total sales of April 2023, which was 6746, has increased from 5977 sales in April 2022.
Escorts Sales Report:
The total number of Escort sales for April 2023 stood at 6243, up from the final tally of 5014 for April 2022. With a clear growth in tractor sales, Escorts is another strong brand in the industry.
Report on sales for John Deere:
John Deere’s total sales for April 2023 stood at 4577, which is a significant increase from 4170 sales for April 2022 last year. This reflects the increase in consumer demand for John Deere tractors.
Kubota Sales Report:
As compared to April 2022 which consisted of 1265 Kubota tractors, Kubota has shown a slight increase in sales in April 2023 with total sales of 1318.
New Holland Sales Report:
The total number of tractors sold in April 2023 and April 2022 were 2262 and 1924 respectively.
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