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Domestic Tractor Sales Rise by 3.86% in June 2024, Reaching 101,981 Units


By Robin Kumar AttriUpdated On: 05-Feb-25 01:34 PM
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ByRobin Kumar AttriRobin Kumar Attri |Updated On: 05-Feb-25 01:34 PM
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In June 2024, India's domestic tractor sales rose by 3.86% to 101,981 units, with Mahindra leading sales at 45,888 units.
Domestic Tractor Sales Rise by 3.86% in June 2024, Reaching 101,981 Units
Domestic Tractor Sales Rise by 3.86% in June 2024, Reaching 101,981 Units

Key Highlights

  • June 2024: India's domestic tractor sales up by 3.86%.
  • Mahindra leads with 45,888 units sold, a 5.82% increase.
  • Sonalika shows significant growth, selling 14,062 tractors.
  • Overall, 101,981 tractors were sold, reflecting positive industry performance.

In June 2024, domestic tractor sales in India showed a notable increase of 3.86% compared to the previous year, with a total of 101,981 units sold. Let's dive into the detailed brand-wise breakdown of the June 2024 Tractor Sales Report.

Manufacturer

June'24

June'23

% Growth

MS June'24

MS June'23

MS YoY

M&M Group

45,888

43,364

5.82

45.00

44.16

0.84

Tafe Group

17,723

18,199

-2.62

17.38

18.53

-1.15

Sonalika

14,062

12,056

16.64

13.79

12.28

1.51

Escorts

9,359

9,270

0.96

9.18

9.44

-0.26

John Deere

8,023

7,674

4.55

7.87

7.82

0.05

New Holland

3,468

3,279

5.76

3.40

3.34

0.06

Kubota

1,652

1,954

-15.46

1.62

1.99

-0.37

Captain

441

580

-23.97

0.43

0.59

-0.16

Preet

398

549

-27.50

0.39

0.56

-0.17

Indo Farm

372

530

-29.81

0.36

0.54

-0.17

VST

352

460

-23.48

0.35

0.47

-0.12

ACE

200

207

-3.38

0.20

0.21

-0.01

SDF

43

73

-41.10

0.04

0.07

-0.03

Total

101,981

98,195

3.86

100.00

100.00

 

Mahindra Tractor Leads with 45,888 Units Sold

Mahindra, India's leading tractor manufacturer, reported sales of 45,888 units in June 2024, marking a 5.82% increase from June 2023 when they sold 43,364 units. Mahindra also gained 0.84% in market share during this period.

Also Read: Mahindra & Mahindra Sets New Record with 6% Rise in Tractor Sales for June 2024

TAFE Sees Decline with 17,723 Units Sold

TAFE sold 17,723 tractors in June 2024, reflecting a 2.62% decline from June 2023, when they sold 18,199 units. The company's market share also decreased by 1.15%.

Sonalika International Shows Significant Growth

Sonalika International sold 14,062 tractors in June 2024, marking a substantial 16.64% increase from the 12,056 units sold in June 2023. Sonalika also gained 1.51% in market share.

Also Read: Sonalika Tractors June 2024 Sales Report: 41,465 Tractors Sold, Market share reaches 14.4%

Escorts Sells 9,359 Tractors

Escorts reported sales of 9,359 tractors in June 2024, a slight increase of 0.96% from June 2023 when they sold 9,270 units. However, Escort’s market share saw a small decline of 0.26%.

Also Read: Escorts Kubota Tractor Sales Drop by 2.6% in June 2024

John Deere Reports 8,023 Tractors Sold

John Deere sold 8,023 tractors in June 2024, marking a 4.55% increase from the 7,674 units sold in June 2023. The company's market share also rose by 0.05%.

New Holland Records 3,468 Tractor Sales

New Holland recorded sales of 3,468 tractors in June 2024, a 5.76% increase from the 3,279 units sold in June 2023. The brand's market share grew by 0.06%.

Kubota and Other Brands Experience Declines

Kubota sold 1,652 tractors in June 2024, showing a significant decline of 15.46% from June 2023. Similarly, brands like Captain Tractor, Preet,


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