Escorts’ Agri Machinery Segment (EAM) has sold 12,337 tractors in March 2021, its highest ever March sales and registering a growth of 126.6 percent against 5,444 tractors sold in March 2020.
Domestic tractor sales in March 2021 were at 11,730 tractors registering a growth of 124.4 percent against 5,228 tractors in March 2020. The tractor demand is expected to continue to be strong led by higher Rabi output, favourable crop prices, and initial positive forecast of 2021 monsoon season, all supporting rural customer sentiments. The rising inflation however continues to be a worry. Export tractor sales in March 2021 was at 607 tractors against 216 tractors sold in March 2020, registering a growth of 181%.
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.
