FADA (Federation of Automobile Dealers Association) has presented the January 2024 retail sales report of leading tractor OEMs’. The total retail sales for all the tractor brands in January 2024 were 88,671 tractors, as compared to 73,184 tractors in January 2023, marking a 21.16% increase.
Let’s have a proper look at comparing the total sales and market share of popular OEMs for January 2023 and January 2024.
Mahindra & Mahindra Ltd. tractor retail sales in January 2024 were 20,474 Mahindra tractors, as compared to 16,969 tractors in January 2023, presenting a 20.66% growth.
Mahindra & Mahindra Ltd. (Swaraj Division) retail sales in January 2024 were 16,456 Swaraj tractors as compared to 12,465 tractors in January 2023, recording a 32.02% growth.
International Tractors Ltd. retail sales in January 2024 were 11,515 tractors as compared to 8,952 Sonalika tractors in January 2023, observing a 28.63% growth.
TAFE Ltd. retail sales in January 2024 were 11,003 TAFE tractors as compared to 7,966 tractors in January 2023, presenting a 38.12% increase.
Escorts Ltd. (Agri Machinery Group) retail sales in January 2024 were 8,185 Escorts tractors as compared to 7,675 tractors in January 2023, marking a 6.64% growth.
Eicher Tractors retail sales in January 2024 were 6,226 tractors as compared to 4,902 Eicher tractors in January 2023, observing a 27.01% rise.
John Deere India Pvt Ltd (Tractor division) retail sales in January 2024 were 5,739 John Deere tractors as compared to 5,782 tractors in January 2023, recording a 0.74% degrowth.
New Holland Tractors retail sales in January 2024 were 3,501 tractors as compared to 2,858 New Holland tractors in January 2023, marking a 22.50% growth.
Kubota International Pvt Ltd retail sales in January 2024 were 1,732 Kubota tractors as compared to 2,324 tractors in January 2023, recording a 25.47% degrowth.
Captain Tractors PVT Lmt retail sales in January 2024 were 921 Captain Tractors as compared to 236 tractors in January 2023, making a 290.25% increase.
V.S.T. Tillers Tractors Ltd. retail sales in January 2024 were 483 tractors as compared to 568 V.S.T. tractors in January 2023, witnessing a 14.96% decline.
Other tractor brands' retail sales in January 2024 were 2,436 tractors as compared to 2,487 tractors in January 2023, observing a 2.05% decline.
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