Published - 04 Jul 2023 by Tractor Junction
Domestic tractor sales in India observed an increase of 4.19% through the sales of 98,438 tractors in June 2023 as compared to 94,477 tractors in June 2022. The new financial year marked moderate sales growth. However, experts are estimating to witness an impressive hike in the coming season.
India’s leading tractor brand, Mahindra & Mahindra, sold 43,364 tractors in June 2023. The brand observed an 8.89% growth in comparison to the sales of June 2022, which was 39,825 tractors. Moreover, Mahindra saw an increase of 1.90% in its market share.
TAFE domestic tractor sales report in June 2023 presents the sale of 18,199 tractors, leading to a 2.20% increase compared to the last year’s sale of 17,808 tractors in June. Also, TAFE’s market share recorded a 0.36% decrease.
Sonalika International sold 12,056 tractors in June 2023, as compared to June 2022, making a 6.53% growth. This led to a 0.27% increase in its market share.
Escorts sold 9,270 tractors in June 2023, making a 0.05% increase in comparison to the tractor sales of June 2022. Also, its market share dipped by 0.39%.
John Deere domestic sales report in June 2023 shows a 4.50% decline due to the sale of 7,674 tractors. The company’s market share also reduced by 0.71% against June 2022.
New Holland sold 3,279 tractors in June 2023 as compared to the same period the previous year. This resulted in a growth of 6.63%, and the brand’s market share witnessed a 0.08% increase.
Kubota, which is a Japanese tractor manufacturer, sold only 1,954 units in June 2023. As a result, the brand saw an 18.24% decrease in sales. Also, the data shows a loss of 0.54% market share.
Captain tractor sold 580 tractors in June 2023, which shows a 37.44% increase in sales against June 2022. Also, the brand observed a 0.14% increase in the market share.
Preet domestic tractor sales in June 2023 mark a 0.55% hike with a total sale of 549 tractors. The report also presents a slight decrease of 0.02% in market share.
The domestic tractor sales of Indo Farm tractors in June 2023 present a 2.91% increase, with 530 tractors sold. Moreover, the company’s market negatively changed by 0.01%.
VST domestic sales report for June 2023 presents 460 tractors sold, resulting in a 0.44% increase in sales. Along with this, the brand’s market share dipped by 0.02%.
The domestic tractor sales of Force tractors revealed a 41.16% decrease in sales, with 243 units sold in June 2023. Also, the market share of Force tractors witnessed a 0.19% decrease.
ACE tractor domestic sales in June 2023 observed a 38.21% sales decline as it sold 207 units in June 2023 against June 2022. As a result, the market share decreased by 0.14%.
SDF tractor domestic sales saw a 1.39% increase as this brand sold only 73 tractors as compared to June 2022. Moreover, the market share of SDF tractors remained unchanged.
The overall domestic tractor sales report of June 2023 depicts 98,438 tractors sold. This led to a subtle increase of 4.19% in domestic tractor sales in June 2023. For more updates related to tractor sales reports, stay tuned with Tractor Junction.
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