FADA (Federation of Automobile Dealers' Associations of India) revealed the retail tractor sales report for June 2023. The overall sales data present a 41.04% increase in retail tractor sales. A volume of 98,660 tractors was sold in June 2023, compared to 69,952 tractors in June 2022. This data shows that retail sales were impressive in June 2023.
Brand Wise Retail Tractor Sales Report For June 2023
Mahindra & Mahindra Ltd. tractor division retail sales were 21,647 units in June 2023, as compared to 13,189 Mahindra tractors in June 2022, marking a 64.13% growth.
Swaraj Tractors retail tractor sales recorded 15,986 tractors sold in June 2023, compared to 9,640 tractors in June 2022, leading to a 65.83% increase in sales.
Sonalika Tractors sold 12,734 tractors in June 2023 in the retail market, against 7829 Sonalika tractors in June 2022, presenting a 62.65% growth.
TAFE Tractor Limited observed a 38.56% growth by selling 11,186 units in June 2023, compared to 8073 tractors in June 2022.
Escorts Ltd. sold 10,210 tractors in June 2023 in the retail market, which was 6,060 units Escorts Tractor in June 2022, revealing a 68.48% sales growth.
John Deere tractors sold 8307 units in the retail market of June'23 against 4491 units in June 2022, presenting an 84.97% increase in sales.
New Holland tractor retail sales were 5571 tractors in June 2023 as against 2139 units in June 2022, resulting in a 160.45% growth.
Eicher tractor retail sales were also impressive in June 2023, as it sold 4932 tractors, in comparison to the sales of 4339 Eicher tractors in June 2022, making a 13.67% sales growth.
Kubota Tractor, a Japanese tractor manufacturer, sold 1728 tractors in June 2023 in the retail market compared to 1663 tractors sold in June 2022, presenting a single-digit growth of 3.91%.
Preet tractors sold 759 units in June 2023 in the retail market, against 387 units in June 2022, recording a 96.12% growth.
Other tractor brands’ retail sales for June 2023 were 5600 tractors compared to 12,142 tractors in June'22, revealing a 53.87% decline in sales.