Tractor Sales Trend In India 2020-2021

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Tractor Sales Figures In 2020-2021

Even due to covid19 lockdown 2020-2021 year has been a surprising year for the tractor industry as overall tractor sales surged from 7,09,635 in 2020 to 9,80,045 in 2021 which includes a rise in domestic sales by 25% to 26% and followed by export of 16.5% when compared with 2019 -2020. Well, a fabulous growth path leads to surprising domestic sales of 8,99,480 and total export of 89,863 tractors as well as it also brought an overall increase by 25.9% during 2020-21 when compared with 2019-20.

This incredible has encouraged the tractor market to adopt new technology and mechanism to grow and prosper.

Best 11 Tractor Brands in 2020-2021

1. Mahindra

For over 3 decades, Mahindra has been India’s undisputed No. 1 tractor brand and the world’s largest tractor manufacturer by volume. Part of the $19.4 billion Mahindra Group, Mahindra Tractors is an integral part of the Farm Division which is the flagship unit of Mahindra’s Farm Equipment Sector (FES).

Market Share 35.88%
Total Sales 2020-20213,54,498
Domestic Sales3,43,833
Exports10,665

2. TAFE (Tractors and Farm Equipment Limited)

TAFE – Tractors and Farm Equipment Limited, is an Indian tractor major incorporated in 1960 at Chennai, with an annual turnover of INR 93 billion. The third-largest tractor manufacturer in the world and the second-largest in India by volumes, TAFE sells over 150,000 tractors (domestic and international) annually.

Market Share18.22%
Total Sales 2020-20211,80,033
Domestic Sales1,65,802
Exports14,231

3. Sonalika

Sonalika, a leading tractor company with a presence in more than 130+ countries, caters to the global demands of agri mechanization through its World No.1 Integrated Tractor Manufacturing Plant in Hoshiarpur, Punjab. These heavy-duty products have enabled the brand to stand firm as a No.1 exports brand from India while winning the hearts of over 11 lakh farmers globally.

Market Share14.12%
Total Sales 2020-20211,39,526
Domestic Sales1,17,503 
Exports22,023

4. Escorts

From a small agency house in 1944 to one of the largest engineering conglomerates in India, the saga of our ascent is entwined in the evolving dynamics of India’s economic progress. In a journey of seven pioneering decades, we have reshaped, redefined and reinvented, the way India lives, works and travels.

Market Share12.22%
Total Sales 2020-20211,06,741
Domestic Sales1,01,848
Exports4,893

5. John Deere

John Deere customers are at the center of everything we do.

We rely on more than 180-years of experience and terabytes of precision data to know them and their businesses better than anyone else. Our easy-to-use technology helps deliver results they see in the field, on the job site, and on the balance sheet.

Market Share10.30%
Total Sales 2020-20211,01,783 
Domestic Sales85,610
Exports16,173

6. New Holland

New Holland is a global brand of agricultural machinery produced by CNH Industrial. New Holland agricultural products include tractors, combine harvesters, balers, forage harvesters, self-propelled sprayers, haying tools, seeding equipment, hobby tractors, utility vehicles and implements, and grape harvesters.

Market Share4.87%
Total Sales 2020-202148,108
Domestic Sales35,828
Exports12,280

7. Indofarm

Indo Farm Equipment Limited is an ISO-certified company located in Himachal Pradesh and is into the manufacturing of world-class tractors, cranes, engines, diesel gensets and has now recently launched Harvester Combine Agricom 1070 for wetland paddy harvesting. Incorporated in 1994, it is promoted by Mr. R.S. Khadwalia, who is the Chairman & Managing Director of the company.

Market Share0.52%
Total Sales 2020-20215,174
Domestic Sales4,611
Exports563

8. ACE

ACE – ACTION CONSTRUCTION EQUIPMENT LIMITED Is India’s leading material handling and construction equipment manufacturing company with a majority market share in Mobile Cranes and Tower Cranes segment. In addition to Mobile Cranes, ACE also offers Mobile/Fixed Tower Cranes, Crawler Cranes, Truck Mounted Cranes, Lorry Loaders, Backhoe Loaders/Loaders, Vibratory Rollers, Forklifts, Tractors & Harvesters and other Construction Equipment. 

Market Share0.29%
Total Sales 2020-20212,865
Domestic Sales2,591
Exports274

9. Captain

Indiaʼs 1st Mini Tractor.

Market Share 0.48%
Total Sales 2020-20214,706
Domestic Sales4,446
Exports260 

10. Preet Tractors

The genesis of “PREET” dates back to 1980 when initial production of threshers, reapers, and agricultural implements commenced, this small step by Entrepreneur Mr. Hari Singh along with his younger sibling Mr. Gurcharan Singh laid the foundation of “Preet Agro Industries”. Initially starting with Straw Reapers, Threshers, and Agricultural implements, the duo launched their first tractor-driven combine harvester in 1986. 

Market Share0.70%
Total Sales 2020-20216,900
Domestic Sales4,611
Exports886

11. VST Tillers Tractors Ltd.

VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well-known century old business house in South India.

Market Share0.89% 
Total Sales 2020-20218,835
Domestic Sales8,160
Exports675

Conclusion

Tractors sales are growing at a titanic scale in India as 70% of India is dependent on agriculture, hence tractors manufacturers are innovating on the product to provide high-quality products to consumers.

Frequently Asked Questions (FAQ)

A tractor buying decision is depended on : 1. Engine 2. Hydraulics 3. Horse Power 4. Tires 5. Headlights 6. Weight 7. Re-sale value 8. Size
Best selling tractor brand of all time is : 1. Mahindra 2. TAFE (Tractors and Farm Equipment Limited) 3. Sonalika
"Mahindra is the biggest manufacturer of tractors in India". For over 3 decades, Mahindra has been India’s undisputed No. 1 tractor brand and the world’s largest tractor manufacturer by volume. Part of the $19.4 billion Mahindra Group, Mahindra Tractors is an integral part of the Farm Division which is the flagship unit of Mahindra’s Farm Equipment Sector (FES).
On average 5,50,000 tractors are sold annually in India.
Neeraj Upadhyay

With rich experience in sales & marketing, Neeraj Upadhyay specializes in sales, business development, service, revenue achievements, training, team building, price, strategy business expansion, new product, and many more. He is an expert sales and marketing professional and hence his written article are most among our reader's favorite.

http://www.salesgenerator247.com

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