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Retail Tractor sales up by 26.14 percent YoY in April 2022 shows FADA Research

Retail Tractor sales up by 26.14 percent YoY in April 2022 shows FADA Research

    Retail Tractor sales up by 26.14 percent YoY in April 2022 shows FADA Research

05 May, 2022

FADA research opens out the good news of increment in total sales of the tractor in April 2022 as compared with April 2021. 48319 is the total sales in 2022 April, which has beaten down the figures of 38306 in 2021 April. Tractor industry seems to be leveraged a bit after too many economic challenges. Now the boost in sales is expected to go high every year with better prospects and opportunities for rural people.

Here are the complete details of every tractor brand’s performance. Have a look!

1. Mahindra & Mahindra Ltd
The giant players of the industry stood with 10699 of total sales in April 2022. Whereas in April 2021 it had 8068 of total sales. Thus, Mahindra has a great increase in their sales this year which is good going.

 

2. Swaraj Tractors
Swaraj is the multi star player of the industry which has amazing marketing performa since decade. The total tractor sold in April 2022 is 8064 and 6225 in the year April 2021. 

 

3. International Tractors Ltd(Sonalika tractor)
The total sales for the year April 2022 stands to be 5808 which is too a big number in comparison. International tractors have set a benchmark of growth and are expected to always yield high results in sales every year. 

4. TAFE Ltd(Massey Ferguson)

In April 2022 TAFE was computed to 5522 of the total sales and 4510 in April 2021. This is certain to see that TAFE has stupendously proven its worth and caliber of selling best tractors nationwide. 

 

5. Escorts

In April 2022 the total sales stood at 5011 and in April 2021 the total sales were 4542. Escorts has shown a great depth in the struggle of achieving high and better sales results. 

 

6. John Deere
Surprisingly the mid of 2022 has been fortunate enough for tractor brands and for John Deere it has shown a great response. In April 2022 the sales accumulated to 4167 and in April 2021 the total sales stood at 3229. Good news is this!

 

7. Eicher Tractors
Eicher has successfully accounted for 3149 as the sales in April 2022 which is quite a huge number than April 2022 that has the figure of 2234. It is good to see Eicher bloom so well and climbed up the stairs of success.

 

8. Kubota Tractors 

Kubota tractors is the next best tractor brand that is lined up with having amazing response over the sales. In april 2022 it has resulted in 1151 and in April 2022 it has computed 619 of the sales. Thus, the decrease in sales for two consecutive years is quite clear. 

 

9. Other tractors
Seemingly April 2022 has not much disappointed in the growth and total sales of the tractors. It is fair enough to say that upcoming years will have better fortune for all the tractor brands in India. Tractor brands like VST and Indofarms have also shown successful results wherein Captain has accounted for a little decrease in sales in April 2022. 

 

Hopefully, the tractor brands will see a rising sun in sales and revenue generation for the upcoming months only if economic conditions and other circumstances are in favor.

Disclaimer:-

1. The above numbers do not have figures from AP, MP, LD & TS as they are not yet on Vahan 4.

2. Vehicle Retail Data has been collated as on 03.05.22 in collaboration with the Ministry of Road Transport & Highways, Government of India, and has been gathered from 1,429 out of 1,613 RTOs.

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 Sonalika sold overall 10,217 tractors in April’22, registered 43.5% domestic growth       

Sonalika sold overall 10,217 tractors in April’22, registered 43.5% domestic growth

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Mahindra Fes sells 3,54,698 tractors in FY22                                                            

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 Escorts Agri Machinery sold 8,325 tractors in April 2022, Up 19.3% yoy       

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