Escorts’ Agri Machinery Segment (EAM) has sold 13,514 tractors in October 2021 as against 13,664 tractors sold in October 2020, a drop of 1.1 percent year-on-year and growth of 53.3 percent on month-on-month basis. Domestic tractor sales in October 2021 was at 12,749 tractors as against 13,180 tractors in October 2020. Festival period of Navratri and Dussehra witnessed good footfalls and delayed sowing and harvesting cycle of the current Rabi crop augurs well for festive retails for industry during November too coupled with overall positive rural sentiments on account of good rainfall, expected good yield and crop production, higher crop MSPs and better retail finance availability.
Export tractor sales in October 2021 was at 765 tractors against 484 tractors sold in October 2020, registering a growth of 58.1 percent.
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.
