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.

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, Indo Farm, VST, ACE, and SDF also reported decreases in their sales and market shares.

Also Read: VST Tractor Sales Report June 2024: 3,710 Units Sold, Decline in Domestic Sales

CMV360 Says

Overall, the domestic tractor sales in June 2024 amounted to 101,981 units, marking a positive growth of 3.86% compared to June 2023. This detailed report provides insights into the performance of leading tractor brands in India. For more updates on tractor sales reports, stay tuned with CMV360.