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Escorts Kubota’s agri machinery segment reports marginal growth in tractors sales in November

01 Dec 2023 Evaluate

Escorts Kubota’s Agri Machinery Business Division has sold 8,258 tractors in November 2023, registering a growth of 3.7% as against 7,960 tractors sold in November 2022. Domestic tractor sales in November 2023 were at 7,855 tractors registering a growth of 6.7% as against 7,359 tractors sold in November 2022. Overall festive demand has been good barring few states where demand was marginally impacted due to scanty and/or unseasonal rainfall. Export tractor sales in November 2023 were at 403 as against 601 tractors sold in November 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.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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