Escorts Kubota Ltd Agri Machinery Segment reported a rise of 38.7 per cent rise in September at 12,232 tractors as against 8,816 tractors sold in September 2021.
Domestic tractor sales in September 2022 was at 11,384 tractors, a growth of 42.7 per cent as against 7,975 tractors sold in September 2021.
The overall macroeconomic factors and farmer sentiments remain positive led by “above normal” monsoon and onset of an early festive season. “We expect good momentum to continue in current festive season.”
Exports of tractors in September 2022 was 848 as against 841 in September 2021.