In February 2023, retail tractor sales increased by 13.67 % YoY, according to FADA Research.
Tractor sales Report in February 2023

In February 2023, retail tractor sales increased by 13.67 % YoY, according to FADA Research.

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According to the FADA’s monthly report on tractor sales, retail tractor sales increased in February 2023 by 13.67 % compared to February 2022.

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Tractor sales in February 2023 were higher than those recorded for all tractors sold in February 2022, according to information and data provided by FADA. For February 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 February 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 15884, and February 2023 sales have increased from February 2022 ’s 11362 sales.

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International Tractors Limited’s (Sonalika Tractor) sales report:

Sales noted for February 2023 were 8617 as opposed to February 2022, which were 7259, 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 February 2023, which were 6603, have increased from the 6216 sales for February 2022.

Escorts sales report:

The overall number of escort sales for February 2023 was 7343, up from February 2022’s final tally of 5042. 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 February 2023 were 5977 in total, a significant rise from the previous year’s sales of 4397 in February 2022. This demonstrates a rise in consumer demand for John Deere tractors.

Kubota sales report:

In comparison to February 2022, which accounted for 1503, Kubota tractors have shown a small increase in sales, with 1965 total sales in February 2023.

New Holland sales report:

The total number of tractors sold in February 2023 and February 2022, respectively, was 2655 and 2124.

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