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Tractor sales India: Domestic tractor sales decline 5% YoY in October due to uneven rains and last year s high base

Tractor sales in India, a barometer for the rural economy, have declined for the second consecutive month, mainly due to irregular rainfall, a high base effect, and a delayed festive season. Manufacturers anticipate a sales rebound in November with the onset of Diwali. Despite the recent drop, tractor sales had seen continuous growth in recent years, reaching a record 944,000 units in FY23, a 12% YoY increase.

Madan sabnavisHemant sikkaJohn deereAmrit sagar mittalRajat guptaInternational tractors ltdStafe groupTractor manufacturers associationTractor junctionEscorts kubotaTractor sales indiaTractor salesWeak rainsBank of baroda

Tractors sales stay in slow lane as weak rains dampen demand

Led by Diwali, which begins with Dhanteras later this month, manufacturers expect sales momentum to return in the current month. Advancing for four straight years from FY20, tractor sales in India ended FY23 with a record 944,000 units, up 12% YoY. Domestic tractor sales in October dropped 5% to 117,714 units from 123,526 in the same period a year ago, according to data from Tractor Junction.

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ITOTY 2023 Winners Announced by Tractor Junction in Association With CEAT Specialty

Pti: ITOTY 2023 Winners Announced by Tractor Junction in Association With CEAT Specialty

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Balwaan Krishi Launches First Isi Marked Agricultural Equipment In India

Balwaan Krishi Launches First Isi Marked Agricultural Equipment In India
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Rohit bajajBalwaan krishiShubham bajajIndian standard instituteBalwaan water pumpIndian standardRohit bajaj co founderTractor junctionBrush cutterWater pump

Balwaan Krishi launches first ISI marked agricultural equipment in India

Balwaan Krishi launches first ISI marked agricultural equipment in India
bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.

Shubham bajajBalwaan krishiRohit bajajIndian standard instituteBalwaan water pumpIndian standardRohit bajaj co founderTractor junctionBrush cutterWater pump