Escorts November 2022 Sales Increased By 11.9 Percent

As per the reports released by Escorts Kubota, the sales of Escorts Kubota tractor segment sold 7,960 tractor units in November 2022, recording a growth rate of 11.9% against last year November 2021 with 7,116 tractors sold.

The Escorts Kubota reports show domestic sales at a growth of 13.4% with 7,359 tractors sold this November against 6,492 tractors sold in November 2021. However, export tractor sales were 601 tractors in November 2022, compared to 624 tractors in November 2021.

November 2022 Escorts Kubota sales in India

Year to Date Escorts Kubota Sales in India 2022

Demand has returned to normal following the holiday season. While rural sentiments remain positive due to improved Rabi sowing aided by a good monsoon this year and higher reservoir water levels, commodity price softening is not occurring at the desired rate, resulting in higher input costs.

About the company

Kubota Agricultural Machinery India Pvt. Ltd. was established in December 2008 as a subsidiary of Kubota Corporation Ltd. a major player in the Indian agricultural machinery market. Kubota agricultural machinery is well-known for its high durability, performance, and comfortable driving space. Kubota Agricultural Machinery India continues to provide high-quality equipment that facilitates simple and efficient farming.

Some of the outstanding features that make Kubota tractor models ideal for farming use are mentioned here. Kubota offers high-quality machinery; models are known for their durability and high performance. Offers excellent after-sales support, dependable customer service, and improved assistance. Moreover, the technology in Kubota tractors comes from Japan, and the compact models offered by Kubota are outstanding.

Escorts Limited is a leading engineering conglomerate that specializes in agri-machinery, construction and material handling equipment, and railway equipment. The company primarily manufactures agricultural tractors engines for agricultural tractors construction earth moving and material handling equipment. The company primarily produces agricultural tractor engines, as well as construction, earth-moving, and material handling equipment. The Company has invested Rs 90 crores in the equity capital of its joint venture with Kubota Corporation. During the fiscal year 2022, Escorts Limited and Kubota Corporation will strengthen their long-standing partnership. Kubota Corporation increased its stake in Escorts Limited, becoming a joint promoter alongside Escorts' existing promoter. It introduced seven new EAM products, six new ECE products, and three new RED products.

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