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FADA revealed retail tractor sales in India and witnessed a remarkable rise in FY '23 by 827403 tractors. The sales boosted by 7.94% compared to the previous year's sales which were 766545 tractors.
Mahindra Tractor sales data shows 176736 tractors in FY '23 compared to 145916 tractors in FY '22, which marks a 21.12% increase in retail sales. However, the brand maintained this year's market share by 2.23%.
Swaraj tractor sales were observed at 128698 tractors for FY '23, as against 104674 tractors for FY '22, and its retail Swaraj tractor sales data presented a 0.23% increase.
Sonalika Tractor retail sales were 97743 tractors in FY '23 as against 89962 units in FY '22. As a result, the brand recorded an 8.64% increase in sales and observed a 0.07% rise in market share.
TAFE Limited retail tractor sales were 92546 units during FY '23, witnessing a 13.94% increase in TAFE tractor sales. Also, the brand maintained its 0.59% market share.
Escorts Limited retail tractor sales were 79531 Escorts tractors in FY '23 compared to 66543 tractors in FY '22, marking a 19.51% increase in sales.
John Deere Tractor sold 60450 tractors in FY '23, compared to 52489 tractors in FY '22, revealing a 15.16% growth.
Eicher Tractor retail sales were 52870 units during FY '23, which resulted in a 3.53% increase in Eicher Tractor sales. However, the brand's market share dropped by 0.27%.
New Holland Tractor sold 30047 tractors during FY '23, in comparison to 25520 tractors during FY'22. As a result, the brand witnessed a 17.73% rise in sales figures. In addition, New Holland achieved a market share of 0.30%.
Kubota Tractor sold 20753 tractors in FY '23, as against 16424 tractors in FY '22. This led to an increase of 26.35% in the Indian market. Also, the Kubota Tractor brand's market share slightly increased by 0.37%.
VST Tractor retail sales for FY '23 was 5290 tractors, which was 5993 tractors in FY '22. Therefore, it shows an 11.73% decrease in retail tractor sales.
Force Tractors sold 4312 units in FY '23 compared to 4146 units in the previous year, and its retail Force tractor sales data presents a 4% growth.
Preet Tractor sold 3605 units in FY'23 against 4756 units in FY'22. Hence, the retail tractor sales show a 24.2% decrease in sales. The brand's market share also dropped by 0.18%.
Indo Farm Tractor sold 3456 tractors in FY '23, which was 3601 Indo Farm tractors in FY '22, leading to a 4.02% decline in sales. Also, the Indo Farm Tractor market share dropped by 0.05%.
Captain Tractor recorded an 11.55% drop in retail tractor sales for FY '23. This is due to the sale of 3451 tractors in comparison to 3902 tractors in the previous year, which led to a dip of 0.09% in market share.
Other tractor manufacturers recorded a sale of 67915 tractors during FY '23 against 110337 tractors in FY '22. Hence, it presents a 38.44% decline in retail tractor sales.
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