Tata Motors reported 39,641 commercial vehicle sales in July 2026. Domestic CV sales rose 28%, exports surged 128%, while every major commercial vehicle segment recorded healthy year-on-year growth.
PM Kisan Yojana extended till 2030-31 with ₹3.15 lakh crore budget. Eligible farmers will continue receiving ₹6,000 annually through DBT, strengthening agriculture and rural livelihoods.
VST sold 5,853 units in July 2026 as monthly sales declined, while April-July cumulative sales increased 7.66% on strong power tiller demand.
IMD forecasts below-normal rainfall for August-September 2026. El Niño may weaken the monsoon, while heavy rain is expected in several states during the first week of August.
Escorts Kubota's construction equipment sales rose 49.2% in July 2026, driven by infrastructure projects, government capex, export opportunities and a favourable base, while FY27 sales grew 32.9%.
VECV sold 6,911 commercial vehicles in July 2026, up 21.4%. Eicher domestic sales surged while Volvo Trucks posted double-digit growth despite a slight decline in exports.
Mahindra sold 39,742 commercial vehicles and three-wheelers in July 2026, up 33% YoY. Exports rose 47%, while all domestic segments recorded healthy year-on-year growth.
Mahindra sold 34,420 tractors in July 2026, up 20% year-on-year. Domestic sales grew 21%, supported by better monsoon, kharif sowing, government support, and improving farmer sentiment.
Escorts Kubota sold 8,731 tractors in July 2026, up 22% YoY. Strong domestic demand, improved monsoon and faster Kharif sowing supported growth despite weaker cumulative exports.
CMV360 Weekly Wrap covers top updates from EVs, trucks, tractors, construction equipment, farmer schemes, subsidies, crop insurance, fertilizer availability, corporate announcements, and key industry developments from 27 July-01 August 2026.
CASE India will expand Pithampur plant capacity beyond 10,000 units, localize new equipment, grow exports and target doubling India construction equipment revenue by 2030 despite CNH's partnership review.
Bihar approves ₹236.58 crore SMAM scheme offering up to 80% subsidy on 86 farm implements, Custom Hiring Centers, Equipment Banks, drone services, and mechanization support for farmers.
UP releases division-wise fertilizer stock for Kharif 2026. Check Urea, DAP and NPK availability, current state stocks, distribution figures and government advisory for farmers.
Mahindra's farm business profit grew 15% in Q1 FY27 as tractor sales rose 18%. Higher commodity costs narrowed margins, while the company maintained its 5% annual growth outlook.
Switch Mobility will supply 650 electric buses for Mumbai and Pune under the PM E-Drive scheme, expanding electric public transport with AC and Non-AC buses in Maharashtra.
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