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Retail Tractor Sales Register 2.33% growth in October 2024, Sold 63,334 Tractors

Retail Tractor Sales Register 2.33% growth in October 2024, Sold 63,334 Tractors

    Retail Tractor Sales Register 2.33% growth in October 2024, Sold 63,334 Tractors

02 Nov, 2024

TractorGyan brings you October 2024 retail tractor sales data. Get insights into market trends and performance during this festive period. Stay updated and ahead in the industry with our detailed analysis.

Mahindra & Mahindra Tractor Retail Sales in October 2024

Mahindra sold 14,789 tractors in Oct 2024. This is up from 14,177 tractors sold in Oct 2023. The market share increased from 22.91% in Oct 2023 to 23.35% in Oct 2024, marking a growth of 0.44%.

Swaraj Tractor Retail Sales in October 2024 

Swaraj tractor sold 11,224 units in October 2024, whereas 11,065 units sold in October 2023. Despite this, their market share fell to 17.72% in Oct 2024 as compared to 17.88% in Oct 2023, reflecting a decline of 0.16% in market share.

Massey Ferguson Tractor Retail Sales in October 2024

In Oct 2024, Massey Ferguson sold 8,767 tractor units, which shows up from 8,684 units sold in Oct 2023. If we talk about the market share Massey Ferguson achieved a 14.03% market share in Oct 2023 and 13.84% in Oct 2024. This represents a decline of 0.19% in market share in October 2024.

Sonalika Tractor Retail Sales in October 2024

Sonalika sold 7,983 tractor units in October 2024, while 7,713 units sold in October 2023. Their market share was 12.46% in Oct 2023 and 12.60% in Oct 2024. It signifies a growth of 0.14% in Oct’24.

Escorts Kubota Tractor Retail Sales in October 2024

Escorts Kubota Ltd. (Farmtrac and Powertrac) reports sales of 6,043 tractors in Oct 2024. This is less than 6,267 tractors sold in Oct 2023. The market share fell from 10.13% in Oct 2023 to 9.54% in Oct 2024, i.e. a decrease of 0.58%.

John Deere Tractor Retail Sales in October 2024

John Deere company sold 5,798 tractors in Oct 2024. More than 4,507 tractors sold in Oct 2023. Meanwhile, the market share is 9.15% in Oct 2024 and 7.28% in Oct 2023. It depicts a significant increase of 1.87%.

Eicher Tractor Retail Sales in October 2024

Eicher tractor sales are 3,691 units in Oct 2024. Less than 4,268 units sold in Oct 2023. If we talk about market share, 6.90% was reported in Oct 2023 and 5.83% in Oct 2024, i.e. a decline of 1.07%.

New Holland Tractor Retail Sales in October 2024

New Holland sold 2,561 tractor units in Oct 2024, which is an increase from 2,457 tractor units sold in October 2023. Market share was 3.97% in October 2023, and 4.04% in October 2024, this shows a growth of 0.07% in market share.

Kubota Tractor Retail Sales in October 2024

Kubota sold 1,160 tractor units in Oct 2024, an increase from 1,092 tractor units in Oct 2023. Kubota achieved 1.76% market share in Oct 2023 and 1.83% in Oct 2024. It's a rise of 0.07%.

Other Brands Tractor Retail Sales in October 2024

The Others tractor brand sold 1,318 units in Oct 2024 with a 2.08% market share, as compared to Oct 2023 other tractor brands sold 1,659 units with a 2.68% market share. In market share, there is a drop of 0.60%.

Total Tractor Retail Sales from 1 to 15 Oct 2024

In Oct 2024, the overall market sold 63,334 tractors, compared to 61,889 units sold in Oct 2023.

Tractor Retail Sales YTD (April-October) 2024

YTD state wise retail tractor sales

Let's see YTD retail tractor sales: from April to October 2024, total retail tractor sales were 4,64,316 units, and from April to October 2023, total retail tractor sales were 5,01,180 units. From April to October 2024 tractor retail sales were 36,864 units less than last year's same period.

S. No. Manufacturer Apr' 24 - Oct' 24 Apr' 23 - Oct' 23 MS Till Oct' 24 MS Till Oct' 23 MS Change
YTD Oct' 23 Vs Oct' 24
1 Mahindra 1,09,103 1,15,717 23.50% 23.09% 0.41%
2 Swaraj 88,149 88,933 18.98% 17.74% 1.24%
3 Sonalika 61,652 62,865 13.28% 12.54% 0.73%
4 Massey Ferguson 53,848 64,423 11.60% 12.85% -1.26%
5 Escorts Kubota 47,585 52,199 10.25% 10.42% -0.17%
6 John Deere 37,378 36,515 8.05% 7.29% 0.76%
7 Eicher 30,073 32,477 6.48% 6.48% 0.00%
8 New Holland 18,657 20,512 4.02% 4.09% -0.07%
9 Kubota 8,498 10,085 1.83% 2.01% -0.18%
10 Others 9,373 17,454 2.02% 3.48% -1.46%
  Total 4,64,316 5,01,180 100.00% 100.00% TRACTORGYAN

State-wise Tractor Retail Sales from April to October 2024

retail tractor sales state wise apr to oct 2024

In State-wise tractor retail sales from April to October 2024, Uttar Pradesh is ranked 1st with 77,562 tractors sold. Then Rajasthan ranked 2nd with 60,997 tractors sold. Madhya Pradesh ranked 3rd with 60,624 tractor sales and 42,643 tractors sold in Maharashtra, ranked 4th. Gujarat ranked 5th, with 34,823 tractor sales.

Karnataka, Chhattisgarh, Haryana, Bihar, and Punjab are ranked 6th, 7th, 8th, 9th, and 10th respectively with tractor sales as follows Karnataka: 28,632; Chhattisgarh: 24,997; Haryana: 24,947; Bihar: 19,999; and Punjab: 17,653 units. All other states' combined sales are 71,439 units.

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