In June 2024, domestic tractor sales in India saw a 3.86% increase. Brands sold 101,981 tractors in June 2024, compared to 98,195 tractors in June 2023.
Domestic Tractor Sales Report for June 2024 – Brand Wise
India’s leading tractor manufacturer, Mahindra Tractor, sold 45,888 units in June 2024, marking a 5.82% increase from the 43,364 units sold in June 2023. Additionally, Mahindra‘s market share grew by 0.84% during this period.
TAFE sold 17,723 tractors in June 2024, a 2.62% decrease from the 18,199 units sold in June 2023. This decline also caused their market share to decrease by 1.15%.
Sonalika International saw substantial growth, selling 14,062 tractors in June 2024, a 16.64% increase from the 12,056 units sold in June 2023. This growth was paired with a 1.51% increase in their market share.
Escorts sold 9,359 tractors in June 2024, a 0.96% increase from the 9,270 units sold in June 2023. However, the brand’s market share saw a 0.26% decrease during this period.
John Deere sold 8,023 tractors in June 2024, reflecting a 4.55% increase from the 7,674 units sold in June 2023. The brand also saw a 0.05% rise in market share.
New Holland achieved sales of 3,468 tractors in June 2024, a 5.76% increase compared to the 3,279 units sold in June 2023, along with a 0.06% growth in market share.
Kubota‘s tractor sales in June 2024 reached 1,652 units, representing a significant 15.46% decrease from the 1,954 units sold in June 2023. The company’s market share also declined by 0.37%.
Captain Tractor sold 441 units in June 2024, marking a substantial 23.97% drop from the 580 units sold in June 2023. The brand experienced a slight 0.16% decrease in market share.
Preet saw a significant 27.50% decrease in domestic tractor sales, with 398 units sold in June 2024 compared to 549 units in June 2023. This resulted in a minor market share decline of 0.17%.
Indo Farm experienced a 29.81% drop in domestic tractor sales, selling 372 units in June 2024 compared to 530 units in June 2023. The company’s market share also fell by 0.17%.
VST reported 352 units sold in June 2024, a 23.48% decrease from the 460 units sold in June 2023, accompanied by a 0.12% drop in market share.
ACE tractor sales saw a slight decline of 3.38%, with 200 units sold in June 2024, down from 207 units in June 2023. The market share of ACE tractors saw a marginal decline of 0.01%.
SDF observed a significant 41.10% decline in domestic sales, selling 43 units in June 2024 compared to 73 units in June 2023, resulting in a market share decrease of 0.03%.
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