Domestic Tractor Sales Report June 2023: Positive Growth of 4.19% with 98,438 Units Sold

The Indian tractor industry witnessed a notable upswing in domestic sales during June 2023, marking a 4.19% increase compared to the same period in the previous year. This surge in sales comes as a welcome development for the agricultural machinery sector, which plays a crucial role in India's agrarian economy.

The performance of various tractor manufacturers during this period was diverse, with some achieving impressive growth and expanding market shares, while others faced challenges in maintaining their market positions. This introduction provides an overview of the recent sales trends, setting the stage to delve deeper into the individual performances of leading tractor brands in India during June 2023.

Below is the Tractor Sales June 2023 Report of all tractor Brands:-

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TAFE, one of the leading tractor manufacturers, experienced a 2.20% increase in sales, with 18,199 tractors sold in June 2023. However, the company's market share saw a slight decrease of 0.36%.

Sonalika International witnessed notable growth in June 2023, selling 12,056 tractors, marking a 6.53% increase compared to June 2022. The brand's market share also grew by 0.27%.

Escorts saw a modest 0.05% increase in tractor sales in June 2023, selling 9,270 units. Nevertheless, its market share declined by 0.39%.

John Deere faced a decline in domestic sales in June 2023, with a 4.50% drop, selling 7,674 tractors. The company's market share also decreased by 0.71%.

New Holland's sales increased by 6.63% in June 2023, with 3,279 tractors sold. The brand's market share saw a slight increase of 0.08%.

Kubota, the Japanese tractor manufacturer, experienced a significant 18.24% decrease in sales, selling only 1,954 units in June 2023. The brand also lost 0.54% of its market share.

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Captain tractor witnessed substantial growth with a 37.44% increase in sales, selling 580 tractors in June 2023. The brand's market share also saw a slight increase of 0.14%.

Preet's domestic tractor sales in June 2023 recorded a 0.55% hike, with a total sale of 549 tractors. The company's market share, however, experienced a slight decrease of 0.02%.

Indo Farm tractors saw a 2.91% increase in sales, selling 530 tractors in June 2023. The company's market share slightly declined by 0.01%.

VST's domestic sales in June 2023 amounted to 460 tractors, resulting in a 0.44% sales increase. The brand's market share, though, dipped by 0.02%.

Force tractors faced a significant decline of 41.16% in sales, selling 243 units in June 2023. The company's market share also decreased by 0.19%.

ACE tractor domestic sales in June 2023 observed a substantial decline of 38.21%, with 207 units sold compared to June 2022. Consequently, the market share decreased by 0.14%.

SDF tractor sales showed a 1.39% increase, with 73 tractors sold in June 2023. However, the market share of SDF tractors remained unchanged.

Overall, the domestic tractor sales in June 2023 indicated a positive growth trend, setting the stage for potentially impressive sales in the upcoming season.

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