Retail Tractor sales increase by 56.81% YoY in November 2022, shows FADA Research

09 Dec, 2022

Tractor brands have survived November 2022 with an increase in sales, says FADA information!

FADA blog out today has clearly depicted the rise and decline in sales for different tractor brands for the year November 2022. Surprisingly all the tractor-brand players have marked the increment in generating quality sales, this shows the pressing need for tractors in the farming industry too. Take a complete dig at the sales evaluation of different brands as given below. 

Sales report for Mahindra and Mahindra:
The giant player in the tractor market has benched at 19105 tractors sales in November 2022, whereas in November 2021 it has recorded only 10704. This year sounds prosperous for Mahindra. 

Sales report for Mahindra and Mahindra Swaraj Division: 
Swaraj is an unbeatable and massive producer of quality tractors and it has also marked an increment in the sales of tractors for the year November 2022 by 13244 whereas in November 2021it has recorded to 7666. Thus, this year Swaraj has almost accounted for 80% of sales increment. 

Sales report for International tractors limited (Sonalika Tractor): 
9610 in November 2022 is the sales computation of ITL tractors which is more than the sales figures of November 2021 that have computed to 6005. ITL is the renowned tractor brand in this segment and has really impacted the market with its large customer share in the market. 

Sales report for TAFE Limited ( Massey Ferguson Tractor ) :
TAFE has been the most consistent player in the tractor industry and is known for producing highly productive tractors. The year November 2022 has shown flying colours for the brand by accounting for 9080 of sales which is comparatively more than November 2021 which is 5692. 

Sales report for Escorts Kubota Limited (Farmtrac, Powertrac and Digitrac): 
The total sales figure accounted for November 2022 is 8549 which is an increase in the figure by November 2021 which totalled 4447. Escorts being significant in its marketing network has proved to be no less than any other tractor brand by inching an increase in sales this year. 

Sales report for John Deere:
The tractor brand has resulted in 5412 and 3777 total sales in November 2022 and November 2021, respectively. Hence the analysation is quite simple and evident that this year the tractor brand has registered an increase in the sales of its tractors, which is quite impressive. 

Sales report for Eicher Tractors :
5049 for November 2022 and 3236 for November 2021 is the total sales figure of Eicher tractors. The comparative analysis of both the year sales is quite significant and evident. This year the increase in sales has given rise to hope for seeing some more great success ahead in the tractor industry. Eicher has rooted its feet back in the game of tractors. 

Sales report for CNH Industrial (New Holland):
2853 and 1719 are the sales figures for tractors for the year November 2022 and November 2021 respectively. CNH Industrial tractors have set a great benchmark in sales increase. 

Sales report for Kubota:
1751 for November 2022 and 1150 for November 2021 is the total sales turnover for the respective year. Kubota has superbly created the home selling new tractors with new significance and model types. These tractors are hoped to be used more for commercial and agricultural purposes. 

Sales report of Other tractors: 
Talking about other tractor brands like VST, FORCE, GROMAX & PREET have all successfully registered the increment in sales for November 2022 as and when compared to November 2021. This shows the possible outcome of having great sales figure with persistence and dedicated marketing efforts towards sales. Hopefully,,  the clown of increment in sales keep shining for years and months to come for all the tractor brands. 

Disclaimer:

1- The above numbers do not have figures from TS & LD.

2- Vehicle Retail Data has been collated as on 05.12.22 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,341 out of 1,428 RTOs