Crime Today News
Sonalika Tractors registered a 7 per cent increase in its domestic tractor sales, reaching 123,764 units in FY25.
The tractor industry bounced back in FY25, recording an 8 per cent increase in domestic sales. This growth—driven by a favourable monsoon and other positive factors—comes after an 8 per cent decline in the previous fiscal.
Exports also edged up, reversing the 22 per cent slump seen last year, and total production during the period surpassed the one-million mark.
Domestic tractor sales stood at 939,713 units in FY25, compared with 867,237 units in FY24, according to data from the Tractor & Mechanisation Association (TMA).
Top tractor maker Mahindra & Mahindra reported a 12 per cent increase in FY25 sales, reaching 407,094 units. “We have achieved our highest-ever tractor sales in FY25 with a growth of 12 per cent. This is driven by very strong retail sales across the country and the lowest-ever dealer channel inventory,” said Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd.
Sonalika Tractors registered a 7 per cent increase in its domestic tractor sales, reaching 123,764 units in FY25.
Escorts Kubota’s annual volumes for FY25 saw only marginal growth (1.6 per cent) at 110,563 units but recorded a 15 per cent rise in March sales.
March saw a sharp rise in sales, both year-on-year and month-on-month, with domestic sales for the month reaching 79,946 units, up from 63,755 units in March 2024 and 58,797 units in February 2025.
Outlook
Industry representatives and analysts expect the momentum in tractor sales to continue into Q1 FY26. “Delivery momentum picked up in the last week of March on account of festivities, and it is expected to continue in Q1 FY26 due to a very good Rabi crop harvest and improved cash flow in the hands of farmers,” said Sikka.
ICRA projects a moderate growth rate of 4–7 per cent for FY26, based on early indications of a normal monsoon.
Total tractor exports in FY25 stood at 98,813 units, slightly higher than the 97,828 units in FY24. Mahindra’s exports grew by 27 per cent to 17,547 units, while Sonalika and Escorts each recorded an 11 per cent decline in exports, at 33,606 units and 4,991 units, respectively.
Total tractor production in FY25 stood at 1,007,660 units, up from 947,143 units in FY24. However, it remained below FY23’s peak of 1,071,310 units—the highest-ever annual production figure.
Published on April 14, 2025
📰 Crime Today News is proudly sponsored by DRYFRUIT & CO – A Brand by eFabby Global LLC
Design & Developed by Yes Mom Hosting
