Escorts Agri Machinery sells 705 Volumes in April 2020
01 May, 2020
Escorts Ltd Agri Machinery Segment (EAM) in April 2020 sold 705 tractors against 5,264 tractors sold in April 2019.
Domestic tractor sales in April 2020 was at 613 tractors against 4,986 tractors in April 2019. Sales were impacted by nationwide lockdown resulting in the closure of dealerships in most areas and for the most part of the month.
Most of the sales were recorded in the last few days of the month after the exemption of sale of Agri Machinery was announced by the Union Government on 20th April. The ground situation is expected to improve further over the next few days and weeks.
Overall rural sentiments are positive because of the well-expected output of Rabi crop and a favorable initial prediction of monsoons this year. Opening of Mandis, aggressive procurement of crops by Government, and the gradual opening of banks and NBFCs arc positive indicators for near term recovery in demand.
Sales figure are as follows:
Particulars |
April |
||
FY21 |
FY20 |
% Change |
|
Domestic |
613 |
4986 |
-87.7% |
Export |
92 |
278 |
-66.9% |
Total |
705 |
5264 |
-86.6% |
Going forward, we expect the tractor industry to recover faster as compared to some other sectors. Exports tractor sales for the month of April 2020 was at 92 tractors as against 278 tractors sold in April 2019.
ट्रैक्टर्स और खेती सम्बंधित और भी जानकरी पाने के लिए हमारे व्हाट्सप्प ग्रुप के मेंबर बनिए। Whatsapp लिंक पर क्लिक करें
Read More
![]() |
Escorts sold 8,816 tractors in September 2021, down 25.6% YoY |
![]() |
VST launches 95 DI Ignito - India’s first 9 HP Electric start Power Tiller & widest range of Brush Cutters |
![]() |
Retail Tractor sales up by 5.5 percent YoY in August 2021 shows Fada Research |
Retail Tractor sales up by 9.66 percent YoY in June 2022 shows FADA Research
FADA Sales report for June 2022 is out, and we can say that unlike a recent couple of years, this ye...
Sonalika sold overall 39,274 tractors highest ever in June'22
In a post on Linkedin Joint Managing Director of International Tractors limited (Sonalika & Soli...
Types, Impact and Prevention of Soil erosion | Tractorgyan
The problem of soil erosion is not new in Indian Agriculture or anywhere around but mostly soil eros...