Ad
Ad
Ad
The tractor industry in India has witnessed robust sales over the past four months, with a total of 3.21 lakh tractor units sold from April to July 2024. Among the 13 tractor-selling companies, Mahindra & Mahindra emerged as the top choice for farmers, leading the sales chart.
July 2024 saw a slowdown in domestic tractor sales, with 59,530 units sold. This figure represents a significant drop compared to the previous months. Notably, sales in July were nearly half of those in June, indicating a sluggish month for the industry.
Despite the overall drop in July, Mahindra & Mahindra continued to dominate the market. The company sold 25,587 tractors in July, maintaining its position as the highest-selling tractor brand. Tafe Group followed with 10,284 units, while Sonalika secured third place with 7,493 units sold.
In July 2024, the 13 companies collectively sold 59,530 tractors. Here’s a detailed breakdown of the sales figures for some of the major players:
Smaller companies like Captain, Preet, Indo Farm, VST, ACE, and SDF together contributed around 1,600 units to the total sales.
The cumulative sales from April to July 2024 highlight the strong performance of the tractor industry. A total of 3,21,390 tractors were sold during this period. The month-wise sales figures are as follows:
Mahindra & Mahindra has solidified its position as the preferred tractor brand for Indian farmers, with a total of 1,42,517 tractors sold between April and July 2024. Tafe Group and Sonalika followed with over 54,000 and 41,000 units sold, respectively.
Also Read: Monarch Tractors Considers Setting Up Manufacturing Unit in Telangana
The tractor industry in India has shown resilience despite the challenges in July 2024. Mahindra & Mahindra's strong sales performance underscores its popularity among farmers, making it the top choice in the market. As the financial year progresses, it will be interesting to see how the sales figures evolve and whether the industry can regain its momentum in the coming months.
VST Zetor Range of Tractors Launched to Boost Farm Mechanization in Madhya Pradesh
The VST Zetor range of tractors brings advanced technology, power, and efficiency to boost farm mechanization in Madhya Pradesh....
17-Sep-24 01:08 PM
Read Full NewsMahindra’s ‘Tractor Tech’ Program Empowers 46 Youth in Jabalpur
Mahindra’s ‘Tractor Tech’ program trained 46 youth in Jabalpur, offering skills and job placements in the agriculture sector....
16-Sep-24 09:14 AM
Read Full NewsGovernment to Distribute 4,000 Tractors to Farmers Under New Scheme
The Chief Minister Tractor Distribution Scheme provides farmers with subsidized tractors and equipment, enhancing agricultural productivity and support....
11-Sep-24 11:08 AM
Read Full NewsAutoNxt Aims to Revolutionize Indian Farming with Commercial Electric Tractors and Advanced Technology
AutoNxt introduces India’s first electric tractors, offering a sustainable, cost-effective alternative to diesel with advanced technology and fast charging....
09-Sep-24 01:04 PM
Read Full NewsSwaraj Tractors Honored with CSR Award for 'Project Pani' by Rajasthan Government
Swaraj Tractors' 'Project Pani' won a CSR award for installing rainwater tanks in schools, benefiting 18,000 students in Rajasthan....
09-Sep-24 10:34 AM
Read Full NewsSonalika Tractor Sales Cross 15% Market Share in August 2024 | Strong Growth & Festive Season Outlook
Sonalika achieved a 15.5% market share in August 2024, driven by advanced technology and growing farmer trust....
06-Sep-24 07:16 AM
Read Full NewsAd
Ad
Tractor Battery: Essential Tips to Extend Its Lifespan
18-Sep-2024
Mahindra 575 DI XP Plus vs Swaraj 744 FE: A Detailed Tractor Comparison
13-Sep-2024
6 Features to Consider When Buying a Tractor: Beyond HP, Cylinders, and Price
11-Sep-2024
Top 10 Tractor Loan Providing Companies in India for Farmers in 2024
10-Sep-2024
Top 10 Fastest Growing Cash Crops to Maximize Profits on Your Farm
05-Sep-2024
Top 10 Swaraj Tractors in Rajasthan - Best Models for Efficient Farming
04-Sep-2024
View All Articles
As featured on:
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002