Escorts’ Agri Machinery Segment (EAM) has sold 11,230 tractors in February 2021, its highest ever February sales and registering a growth of 30.6 percent against 8,601 tractors sold in February 2020.
Domestic tractor sales in February 2021 were at 10,690 tractors registering a growth of 32.8 percent against 8,049 tractors in February 2020. The tractor demand is expected to continue to be strong on back of positive macroeconomic factors and strong rural cash flows. The supply side situation is normal, but rising inflation continues to be a worry. Export tractor sales in February 2021 was at 540 tractors against 552 tractors sold in February 2020.
Escorts is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment.