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Tractor sales in India dropped a bit in November 2024. The market sold 71,300 tractors this month, which is slightly lower than the 72,259 tractors sold last year. It's a small dip of just 1.33%.
Mahindra Tractors had a good month in November 2024. They sold 31,746 tractors, up from 31,069 last year. This means their sales grew by 2.18%. Their market share also went up from 43% to 44.52%, which is a nice boost of 1.53 percentage points. The company is doing well in the tractor market.
Tafe Group had a slightly tough month in November 2024. They sold 11,918 tractors, which is a small drop from 12,113 tractors last year - down by 1.61%. Their market share also slipped a tiny bit from 16.76% to 16.72%. Tafe is still a big player in the tractor market and remains a strong competitor.
Sonalika had a challenging month in November 2024. The company sold 8,812 tractors, which is a significant drop of 14.37% from the previous year. Their market share fell from 14.24% to 12.36%, a decrease of 1.88%. Even though the company might have hoped for better performance, their position in the tractor market took a hit this month.
Escorts Kubota had a tough month in November 2024. They sold 8,730 tractors, down from 9,503 last year - a noticeable drop. Their market share also fell from 13.15% to 12.24%, losing about 0.91% of their slice of the tractor market. It wasn't the best month for this big tractor manufacturer.
In November 2024, John Deere sold 5,508 tractors, which is a 20.60% increase in sales compared to the previous year. Their market share rose from 6.32% in November 2023 to 7.73% in November 2024. It marks an increase of 1.40%. As their sales grew, so did their position in the market.
In November 2024, New Holland sold 3,014 tractors, which is a slight decrease from 3,076 units sold the previous year. This represents a 2.02% decline in sales. Their market share also fell by 0.03%, going from 4.26% in November 2023 to 4.23% this year. Despite this small drop, New Holland remains a popular choice among farmers. The company continues to produce modern and fuel-efficient tractors for various farming needs.
In November 2024, Preet sold 373 tractors, which is an 18.02% drop from the 455 units sold last year. Its market share decreased by 0.11%. While November 2024 may not have been a standout month for the company, Preet is still a great option for small and medium-sized farmers. The brand is well-known for its affordable and efficient tractors.
In November 2024, Indo Farm sold 362 tractors. This shows a 21.30% decrease from the 460 units sold last year. Its market share was 0.64% in November 2023 and dropped to 0.51% in November 2024. This shows a reduction of 0.13% compared to the previous year.
In November 2024, VST sold 284 tractors, which is a 24.02% increase from the 229 tractors sold last year. The company's market share rose by 0.08%. VST's steady growth has made it popular among farmers. The company is known for providing small and powerful tractors that are perfect for specific farming tasks.
In November 2024, ACE sold 257 tractors, which is a 5.51% decrease from the 272 units sold the previous year. Its market share fell slightly by 0.02%. Despite this drop in sales, ACE is still known for its durable tractors. These tractors are designed for a variety of farming tasks.
In November 2024, Captain sold 234 tractors, which is a 38.46% increase from the 169 units sold last year. Its market share also grew by 0.09%, rising from 0.23% in November 2023 to 0.33% in November 2024.
In November 2024, SDF sold 62 tractors, which is a 12.73% increase from the 55 tractors sold the previous year. Its market share went up by 0.01%, rising from 0.08% in November 2023 to 0.09% in November 2024.
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