Tractor Gyan Blog

SHARE THIS

Escorts Tractors Volumes grew by 21.1 percent in June, MoM Volume up by 64.6%

Escorts Agri Machinery Volumes grew by 21.1 percent in June 2020 MoM Volume up by 64.6%

Faridabad, July 1st, 2020: Escorts Ltd Agri Machinery Segment (EAM) in June 2020 sold 10,851 tractors registering a growth of 21.1 percent against 8,960 tractors sold in June 2019.

Domestic tractor sales in June 2020 at 10,623 tractors registering a growth of 22.8 percent against 8,648 tractors in June 2019.

Escorts tractor sales in June 2020 at 228 tractors against 312 tractors sold in June 2019.

 

Sales figure are as follows:

Particulars                  June                                                       YTD (3M)

 

FY21

FY20

%Change

FY21

FY20

%Change

Domestic     

10623    

 8648    

22.8%               

17690     

20122   

-12.1%

Exports

228

  312

-26.9%

460

929 

-50.5%

Total

10851 

8960

-21.1%

18150 

21051

-13.8%

 

Escorts saw unprecedented demand during this month. The industry is predicted to grow significantly backed by pent-up the demand of the lockdown period, better farmer sentiment thanks to good monsoon prediction reflected in better than normal Kharif sowing, better rural cash flows due to record crop output and crop prices, and fairly good availability of retail finance. The industry growth is widespread with positive growth in most markets barring one or two.  inventory levels, both with the corporate and with a channel are lowest ever. After necessary permissions, Escort was ready to run their factories in multiple shifts to realize production at about 90% of the capacity. The supply chain situation, though better than before, continues to stay volatile.

 

 Read More
 

 

Mahindra sales down April 2020      

ESCORTS TRACTORS SALES DECLINES TO 705 TRACTORS IN APRIL 2020         

Read More

 

Mahindra sales down April 2020      

   M&M TO BUY INTO ALGERIAN TRACTOR DISTRIBUTOR                                       

  Read More

 

Mahindra sales down April 2020      

PE FIRM WARBURG PINCUS PLANNING TO INVEST $150 MN IN APOLLO TYRES

Read More

Write Comment About BLog.

Enter your review about the blog through the form below.



Customer Reviews

Record Not Found

img

blog

https://images.tractorgyan.com/uploads/1601548290-Mahindra-Sells-42361-Units-in-India-during-September.jpg

Mahindra’s Farm Equipment Sector Sells 42,361 Units in India during September 2020

Mumbai, October 1, 2020: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of...

https://images.tractorgyan.com/uploads/1601544504-Escorts-Volumes-grew-by-9-percent-in-September.png

Escorts Agri Machinery Volumes grew by 9.2 percent in September 2020

Faridabad, October 1st, 2020: Escorts Ltd Agri Machinery Segment (EAM) in September 2020 sold 11,851...

https://images.tractorgyan.com/uploads/1601534402--tractor-also-heats.jpeg

क्या आपका ट्रैक्टर भी बहुत जल्दी गरम हो जाता है, जरूर इनमें से कोई कारण होगा।

कई किसानों को ट्रैक्टर के साथ एक बड़ी समस्या का सामना करना पड़ता है कि उनके ट्रैक्टर थोड़ी देर चलाने...