Retail Tractor sales increase by 1.48% YoY in April 2023, shows FADA Research
FADA has provided its Monthly tractor sales report for April 2023 on different tractor brands. This article will provide you with detailed insights on the individual tractor sales for April 2023 and we will also compare the same with the previous year's sales of April 2022. The tractor sales report shows growth of 1.48% YoY in April 2023 as compared to April 2022.
According to the FADA report, the overall tractor sale has increased this year April 2023 compared to April 2022. Almost All the tractor manufacturers in India have shown good growth in their sales, indicating the increasing demand for tractors among agricultural and commercial businesses. So, let's move forward with the sales data of all tractor brands.
Tractor Sales April 2023
Sales report for Mahindra and Mahindra
Mahindra has secured a first position with total tractor sales of 12,639 units in April 2023, which is comparatively higher than the previous year's April 2022 sales, which accounted for 10,698 units sales. This indicates the demand for Mahindra tractors and their tractor quality in India.
Sales report for Mahindra and Mahindra Swaraj Division
Swaraj tractors have secured a 2nd position with total tractor sales of 9,550 in April 2023, which is also highest against the previous year's tractor sales of April 2022 with 8,068 unit sales.
Sales report for International tractors limited (Sonalika Tractor)
Sonalika tractors this year in April 2023 have also registered good sales growth compared to the previous year's sales of April 2022. Sonalika successfully sold 6,964 units in April 2023, whereas the sales for April 2022 were 6,334. Hence, sonalika is also showing consistent growth in its sales and productivity.
Sales report for TAFE Limited ( Massey Ferguson Tractor )
The TAFE (massey ferguson) have managed to get a better hike in their sales this following year April 2023 with a total sales of 6,746 units which is higher than the sales of the previous year April 2022, which had sales of 5,977 units. This also indicated the popularity of massey ferguson tractors in India.
Sales report for Escorts Kubota Limited (Farmtrac, Powertrac, and Digitrac)
Escorts have attained a good position in the chart by registering tractor sales of 6,243 units in April 2023 compared to 5,014 sales in the previous year April 2022. This way, Escorts is also driving growth amongst the tractor community.
Sales report for John Deere
John Deere has also registered a growth in their sales by selling 4,577 tractor units in April 2023 compared to April 2022 sales, which accounted for 4,170 unit sales. Year by Year, john deere is also taking place in the market with their high-quality tractors.
Sales report for Eicher Tractors
In the case of Eicher tractors, the monthly tractor sales for April 2023 is 3215 tractors which are slightly less compared to their previous year's sales of 3,824 units in 2022. However, the number of sales of tractors is still better.
Sales report for CNH Industrial (New Holland tractors)
CNH has reported an increase in their sales in April 2023 with 2,262 tractor sales which is comparatively a better rate than its previous year's sales which accounted for 1,924 total sales.
Sales report for Kubota
Kubota tractors have also registered growth by selling 1,318 tractors in April 2023 compared to its previous year's April 2022 sales, which stopped at 1,265 unit tractor sales.
Sales report of Other tractors
Other tractor brands in India such as Force Tractors, Indo Farm Tractors, and Preet Tractors tractors have registered a decline in their sales this year in April 2023 compared to their sales in April 2022 with a slight difference in number. However, ups and downs occur every month with tractor brands.
Disclaimer:
1- The above numbers do not have figures from TS & LD.
2- Vehicle Retail Data has been collated as of 02.05.23 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,350 out of 1,436 RTOs.
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