According to the FADA’s monthly report on tractor sales, retail tractor sales increased in December 2022 by 5.24% compared to December 2021.
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Tractor sales in December 2022 were higher than those recorded for all tractors sold in December 2021, according to information and data provided by FADA. For December 2022, sales for all tractor brands in India indicate a little increase and decrease. In a nutshell, we can state that sales for all tractor brands have improved, demonstrating the rising demand for tractors in the Indian market. Let’s have a more detailed look at each brand’s sales of tractors.
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 19,389, and December 2022 sales have increased from December 2021’s 14,938 sales.
Mahindra & Mahindra Swaraj Division sales report:
With total tractor sales of 12,922 for the year ending in December 2022, Swaraj tractors have ranked second after Mahindra tractors and have increased their sales compared to the year 2021, which concluded at 10,480.
International Tractors Limited’s (Sonalika Tractor) sales report:
Sales noted for December 2022 were 9722 as opposed to December 2021, which were 9266, allowing the market leader ITL – Sonalika tractors to achieve stability in its overall number of tractor sales with a minimal fluctuation in sales number (near to 2022).
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 December 2022, which were 7867, are down from the 8297 sales for December 2021.
Escorts Kubota Limited’s Farmtrac, Powertrac, and Digitrac sales report:
The overall number of escort sales for December 2022 was 7759, up from December 2021’s final tally of 6260. 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 December 2022 were 6508 in total, a significant rise from the previous year’s sales of 4795 in December 2021. This demonstrates a rise in consumer demand for John Deere tractors.
Kubota sales report:
In comparison to December 2021, which accounted for 1582, Kubota tractors have showed a small increase in sales, with 2385 total sales in December 2022.
Eicher Tractors’ sales report:
By achieving stability, Eicher Tractor exhibits no variation in their sales figures. It generated 5015 total sales in December 2022, a small decline from December 2021, and 5395 sales, a small increase from December 2022.
CNH Industrial (New Holland) sales report:
The total number of tractors sold in December 2022 and December 2021, respectively, was 3287 and 2284. The tractor industry has been held to a high level by CNH Industrial tractors.
Report on sales of other tractors
Report on sales of other tractors-
If we turn our attention to other tractor brands, such as Vst, Force, Gromax, and Preet, we see that their tractor sales only slightly fluctuated between December 2022 and December 2021. Due to their continual efforts to provide tractors of the highest calibre and their effective marketing strategies, all of these brands have been able to boost their tractor sales in the market.
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