06 Apr, 2022
'Doing the Impossible' is what we have always followed as our mission while winning markets across the world. Believing in our market research and penetrating newer markets and segments throughout FY'22, we have continued with our record performance to register 1,36,116 overall tractor sales and hold a strong 14% market share. Alongside, we also clocked our highest ever annual production of 1,34,182 tractors as we ensured a superior product mix was always available for our customers.
We have also proudly breached the 35,000 tractor exports mark in a single year and further extended our unassailable lead as No. 1 exports brand. With 59.2% YoY growth, we not just surpassed industry exports growth of 45.3% by huge margin but also were the top market share gainer among leading tractor exports brands.
As we set into FY'23, we are fully geared up to launch new advanced products , harness new technologies and ensure superior services to our customers as we remain committed to our vision to drive global farm prosperity.
Escorts Agri Machinery sold 94,228 tractors in FY22 Down 11.7% YoY
Mahindra Fes sells 3,54,698 tractors in FY22
Retail Tractor sales down by 1.37% YoY in FY'22 shows Fada Research
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