Corporate News     01-Dec-23
Escorts Kubota sells 8,258 tractors in November

Escorts Kubota Agri Machinery Business Division in November 2023 sold 8,258 tractors, registering a growth of 3.7% as against 7,960 tractors sold in November 2022.

Domestic tractor sales in November 2023 were at 7,855 tractors registering a growth of 6.7% as against 7,359 tractors sold in November 2022. Overall festive demand has been good barring few states where demand was marginally impacted due to scanty and/or unseasonal rainfall. Keeping in view the fact that Domestic Tractor Industry has been almost at its record levels and given generally positive macroeconomic factors, we expect current momentum to continue in balance of the year too.

Export tractor sales in November 2023 were at 403 as against 601 tractors sold in November 2022.

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