Domestic Tractor Sales May 2024: 82,934 Units Sold, a 0.36% Increase

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In May 2024, domestic tractor sales in India rose by 0.36%, with 82,934 units sold compared to 82,640 in May 2023.

By Robin Kumar Attri

Feb 05, 2025 13:33 pm IST

4.87 k

Domestic Tractor Sales May 2024: 82,934 Units Sold, a 0.36% Increase

Key Highlights

Total sales: 82,934 units sold in May 2024, a 0.36% increase from May 2023.
Mahindra: 6.41% growth, 35,237 units sold.
TAFE: 13.70% decline, 14,284 units sold.
Sonalika: 5.24% growth, 11,131 units sold.
John Deere: 9.39% growth, 7,210 units sold.
Escorts: 5.42% decline, 8,232 units sold.

In May 2024, domestic tractor sales in India slightly increased by 0.36%. A total of 82,934 tractors were sold in May 2024, compared to 82,640 units sold in May 2023. Here is the complete brand-wise sales report for May 2024.

Table for Domestic tractor sales report for May 2024: -

Manufacturer	May'24	May'23	% Growth	MS May'24	MS May'23	MS YoY
M&M Group	35237	33113	6.41	42.49	40.07	2.42
Tafe Group	14284	16551	-13.70	17.22	20.03	-2.80
Sonalika	11131	10577	5.24	13.42	12.80	0.62
Escorts	8232	8704	-5.42	9.93	10.53	-0.61
John Deere	7210	6591	9.39	8.69	7.98	0.72
New Holland	3445	3146	9.50	4.15	3.81	0.35
Kubota	1664	1705	-2.40	2.01	2.06	-0.06
Captain	449	477	-5.87	0.54	0.58	-0.04
Preet	391	578	-32.35	0.47	0.70	-0.23
Indo Farm	372	582	-36.08	0.45	0.70	-0.26
VST	336	325	3.38	0.41	0.39	0.01
ACE	131	234	-44.02	0.16	0.28	-0.13
SDF	52	57	-8.77	0.06	0.07	-0.01
Total	82934	82640	0.36	100.00	100.00	0.00

This table represents the wholesale data for the domestic tractor industry for May 2024 compared to May 2023.

Mahindra Tractors

India’s leading tractor manufacturer, Mahindra Tractor, sold 35,237 units in May 2024, a 6.41% increase from the 33,113 units sold in May 2023. Mahindra also gained 2.42% in market share during this period.

Also Read: Mahindra Tractor Sales Rises in May 2024: Sold 35,237 Units, a 6% YoY Growth

TAFE

TAFE's domestic tractor sales in May 2024 dropped to 14,284 units, a 13.70% decline from the 16,551 units sold in May 2023. Additionally, TAFE’s market share decreased by 2.80%.

Sonalika

Sonalika International sold 11,131 tractors in May 2024, up from 10,577 units in May 2023, marking a 5.24% increase. The brand's market share also grew by 0.62%.

Escorts

In May 2024, Escorts sold 8,232 tractors, a 5.42% decrease from the 8,704 units sold in May 2023. The brand's market share also fell by 0.61%.

Also Read: Escorts Kubota Tractor Sales Report May 2024: 5.4% Decline with 8,232 Tractors Sold

John Deere

John Deere sold 7,210 tractors in May 2024, a 9.39% increase from the 6,591 units sold in May 2023. The brand's market share improved by 0.72%.

New Holland

New Holland sold 3,445 tractors in May 2024, a 9.50% increase from the 3,146 units sold in May 2023. The brand's market share also saw a positive growth of 0.35%.

Kubota

Kubota's tractor sales in May 2024 were 1,664 units, a slight decline of 2.40% from the 1,705 units sold in May 2023. The company's market share dropped by 0.06%.