Retail Tractor Sales Report Oct 2024 - Sales Increased by 3.08%, with a total of 64,433 Units Sold

FADA released Retail Tractor Sales October Data on November 6, 2024. The data indicates that 64,433 tractor sales were made in October 2024, an increase from the 62,507 units sold in October 2023. Consequently, tractor sales in India increased by 3.08%  in October 2024.

Brand Wise FADA Tractor Sales Report 2024

In October 2024, Mahindra & Mahindra Ltd (Tractor) sold 14,792 units, compared to 14,178 units in October 2023, a growth of 4.33%. The company's market share increased slightly from 22.68% in 2023 to 22.96% in 2024, a change of 0.28%.

Swaraj sold 11,227 units in October 2024, compared to 11,065 units in October 2023, a growth of 1.46%. The market share dropped slightly from 17.70% in 2023 to 17.42% in 2024, a change of -0.28%.

On the other hand, TAFE Limited sold 8,767 tractors, slightly up from 8,684 tractors in October 2023. This is an increase of 0.96%. Their market share dropped a bit, from 13.89% last year to 13.61% this year, which is a decrease of 0.28%.

In October 2024, International Tractors Ltd sold 7,983 units, an increase from 7,713 units sold in the same month in 2023. This reflects a growth of 3.50% in unit sales. The company's market share also saw a small improvement, rising from 12.34% in October 2023 to 12.39% in October 2024, showing a positive change of 0.05%. This indicates steady growth for the company in both sales and market presence.

Escorts Kubota Limited (Agri Machinery Group) sold 6,043 tractors in October 2024, a decrease of 3.57% from the 6,267 units sold in October 2023. Their market share also dropped from 10.03% last year to 9.38% this year, a reduction of 0.65%.

Furthermore, John Deere India Pvt Ltd (Tractor Division) sold 5,884 tractors in October 2024, a strong increase from 4,558 units in October 2023. This reflects a growth of 29.9%. Their market share also rose, going from 7.29% last year to 9.13% this year, an increase of 1.84%.

Eicher Tractors sold 3,691 units in October 2024, which is a decrease from 4,268 units in October 2023, showing a drop of 13.52%. Their market share also declined, going from 6.83% last year to 5.73% this year, a decrease of 1.10%.

Now, when we talk about CNH Industrial (India) Pvt Ltd, they sold 2,596 tractors in October 2024, up from 2,481 units in October 2023, reflecting a growth of 4.64%. Their market share also increased slightly, rising from 3.97% last year to 4.03% this year, a gain of 0.06%.

Kubota Agricultural Machinery India Pvt Ltd. has also shown a positive growth of 6.32% in its recent performance. The company recorded sales of 1,161 tractors, with a slight improvement in its market share, increasing by 0.05%. 

Lastly, in October 2024, the other category sold 2,289 units, up from 2,201 units in October 2023, showing significant growth of 4.00%. The market share increased from 3.52% to 3.55%, a rise of 0.03%. This indicates strong performance and an improved market position for this category.

Tractor Junction also Offer a Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report.

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