Escorts Kubota Limited Reports 3.6% Increase in Tractor Sales for July 2024

Escorts Kubota, a leading tractor manufacturer in the Indian commercial vehicles market, has revealed its sales figures for July 2024, highlighting a strong performance for the month.

Domestic tractor sales in July 2024 were at 5,346 tractors, registering a growth of 3.6% as against 5,161 tractors sold in July 2023. With the monsoon progressing well, continuing Government support including an increase in Minimum Support Price (MSP) and increase in sown area of kharif crop, we anticipate rural demand to improve during the festive months.

Export tractor sales in July 2024 were at 423 tractors registering a growth of 3.4 percent as against 409 tractors sold in July 2023.

Sales figure are as follows:

FY- Financial Year from April to March; M - Month