New Tractors
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New Delhi
Escorts Kubota Q1 FY27 tractor sales rose 20.5% to 36,862 units. Revenue, profit, and market share improved, supported by strong demand, operational execution, and upcoming tractor launches.
Sonalika recorded its highest-ever July sales of 11,442 tractors, domestic growth of 27.2%, outpaced industry performance and emerged as India's highest market share gainer in FY2027.
Madhya Pradesh launches a smart token system for fertilizer distribution, ensuring timely supply, transparent allocation, reduced queues, online and offline booking, and improved services for farmers during Kharif season.
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.
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.
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.
Mahindra & Mahindra promotes Parikshit Ghosh to Senior Vice President & Head of Marketing and National Business Operations, recognizing his 26 years of leadership in tractors, farm machinery, and business growth.
Centre approves ₹335 crore under PM-RKVY to promote modern farming, agricultural infrastructure, horticulture, mechanization, and faster delivery of benefits to farmers across India.
VST Tillers Tractors Ltd has begun building a ₹100 crore Global Tech Centre in Hosur to advance R&D in ICE and EV farm equipment. The facility will strengthen innovation, testing, and global partnerships for sustainable agriculture.
MP farmers can apply for up to 50% subsidy on Happy Seeder, Smart Seeder and other farm implements until August 4, 2026. Lottery will be held on August 5.
