According to the FADA’s monthly report on tractor sales, retail tractor sales increased in March 2023 by 3.84% compared to March 2022.
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Tractor sales in March 2023 were higher than those recorded for all tractors sold in March 2022, according to information and data provided by FADA. For March 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 March 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 17773, and March 2023 sales have increased from March 2022 ’s 14093 sales.
International Tractors Limited’s (Sonalika Tractor) sales report:
Sales noted for March 2023 were 9870 as opposed to March 2022, which were 9293, 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 March 2023, which were 8936, have increased from the 7939 sales for March 2022.
Escorts sales report:
The overall number of escort sales for March 2023 was 9009, up from March 2022’s final tally of 6577. 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 March 2023 were 6816 in total, a significant rise from the previous year’s sales of 5553 in March 2022. This demonstrates a rise in consumer demand for John Deere tractors.
Kubota sales report:
In comparison to March 2022, which accounted for 1940 Kubota tractors have shown a small increase in sales, with 1955 total sales in March 2023.
New Holland sales report:
The total number of tractors sold in March 2023 and March 2022, respectively, was 3346 and 2483.
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