Escorts Kubota Limited Agri Machinery revealed the April 2023 sales report. The famous tractor manufacturer sold 7,565 tractors as compared to 8,325 tractors sold in April 2022.
April 2023 Domestic Sales were 7,252 tractors as compared to the sales of 7,676 tractors in April 2022. The onset of the festive season impacted the sales figures. Along with this, the unseasonal rainfall had a significant role in this month’s tractor sales.
Escorts Kubota export April 2023 tractor sales were 313 units as compared to 649 units sold in April 2022. As a result, the brand witnessed a 51.8% decrease in the export market.
Particulars | April 2023 | April 2022 | % Growth |
Export | 313 | 649 | -51.8% |
Domestic | 7,252 | 7,676 | -5.5% |
Total | 7,565 | 8,325 | -9.1% |
The good rabi production, sufficient water levels and reasonable crop prices resulted in positive economic change. Therefore, Escorts Kubota Ltd. expects higher demand for tractors in the near future across all regions for the quarter.
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