Tractor makers sell 71,740 units in December; up 41 per cent year on year

Tractor sales rose by around 41 per cent in December 2020 to 71,740 units as compared to 50,803 in December 2019.  However, month on month the sales dropped for the second month in a row, after reporting continued growth since April.

The demand was driven by higher rabi acreage, government's support in procurement and rural development schemes among others, said industry players.

According to TMA data, tractor makers sold 71,740 units (including 10,491 exports) in December 2020 as compared to 50,803 units (7,997 exports) in December 2019. In November 2020 total tractor sales was estimated to be around 89,530 units