Tractor Gyan Blog

SHARE THIS

Escorts Agri Machinery Volumes grew by 80.1 percent in August 2020

Escorts Agri Machinery Volumes grew by 80.1 percent in August 2020

Faridabad, September 1 st , 2020: Escorts Ltd Agri Machinery Segment (EAM) in August 2020 sold 7,268 tractors, our highest ever August sales and registering a growth of 80.1 percent against 4,035 tractors sold in August 2019.

Domestic tractor sales in August 2020 was at 6,750 tractors registering a growth of 79.4% against 3,763 tractors in August 2019. The market sentiment continues to be highly positive with good monsoons, better Kharif sowing, crop prices holding up well, and good supply of retail finance. We remain optimistic for the coming festive months. The supply side situation improved significantly as compared to last month. We are currently operating close to peak capacity now. In August 2020 we could build some inventory both at dealer and depots, which since last few months was at very low levels.

Export tractor sales in August 2020 was at 518 tractors against 272 tractors sold in August 2019, registering a growth of 90.4%.”.

Sales figure are as follows:

Particular

August

YTD (5M)

FY21

FY20

% Change

FY21

FY20

%Change

Domestic

6,750

3,763

79.4%

29,393

28,390

3.5%

Export

518

272

90.4%

1,347

1,556

-13.4%

Total

7,268

4,035

80.1%

30,740

29,946

2.7%

 

About Escorts Limited:

Escorts Ltd is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment. The company has diversified business in to three different segments. Escorts Agri Machinery (EAM), Escorts Construction Equipment (ECE) & Railway Equipment Division (RED).

The company is committed to excellence in engineering, innovation in products, development of market-relevant technologies and the highest of cost efficiencies to create value for its customers and shareholders.

Read More

 Mahindra sales down April 2020        

Mahindra’s Farm Equipment Sector Sells 23,503 Units in India during August 2020                     

Read More

 Mahindra sales down April 2020       

JCB Tractors in India (भारत में जेसीबी ट्रैक्टर)-Tractorgyan                                                                 

  Read More

Mahindra sales down April 2020      

बड़े काम का है कंबाइन हार्वेस्टर: जाने फायदे और कीमत                                                                            

Read More

 

Write Comment About BLog.

Enter your review about the blog through the form below.



Customer Reviews

Sab si bakwas tractor ha in ka or jute bola kr sale krta ha or complaint ana pr tractor ki to bola ta paid m ho ga or tractor pr likha ha 5year warranty

By Deepak  07-09-2020

blog

https://images.tractorgyan.com/uploads/1601103166-Kisan-Samman-Nidhi.jpeg

किसान सम्मान निधि अब 6 हज़ार नहीं 10,000 रुपए सालाना।

●     केंद्र के 6,000 के साथ अब राज्य सरकार भी 4,000 रुपए खाते में भेजेगी, किसान...

https://images.tractorgyan.com/uploads/1601012097-drip-sprinkler.jpeg

ड्रिप स्प्रिंकलर खरीदने है तो अभी खरीदो, 90% सब्सिडी मिलेगी।

किसानी में सिंचाई व्यवस्था का बहुत महत्व है। बेहतर सिंचाई व्यवस्था होगी तो बेहतर पैदावार होगी, बेहतर...

https://images.tractorgyan.com/uploads/1600862015-heavy-words.jpeg

ट्रैक्टर से जुड़े ये भारीभरकम शब्द समझ नहीं आते है? आइए जानें इन्हें आसान भाषा में।

●    इन फीचर्स का मतलब नहीं पता तो खरीद बैठोगे गलत ट्रैक्टर।    &nb...