Escorts Kubota’s Agri Machinery Business Division has sold 10,861 tractors in September 2023 as against 12,232 tractors sold in September 2022, registering a fall of 11.2%. Domestic tractor sales in September 2023 were at 10,114 tractors as against 11,384 tractors sold in September 2022.
Postponement of the main festive season this time to Q-3 impacted sales for the month. Going forward, with improved rainfall in September, likely good kharif harvest and with overall macroeconomic factors and farmers’ sentiments remaining positive, the company is expecting growth momentum to pick up in the festive months of October & November and possibly continue for the remaining part of the current fiscal. Export tractor sales in September 2023 were at 747 as against 848 tractors sold in September 2022.
Escorts Kubota 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.
