Escorts Agri Machinery (EAM) in August 2021 sold 5,693 tractors as towards 7,268 tractors offered in August 2020.

Domestic tractor income in August 2021 turned into at four,920 tractors as in opposition to 6,750 tractors in August 2020. This yr August income isn’t always strictly comparable with closing year equal month income due to existence of pent-up call for final yr, post COVID-19 countrywide extensive lockdowns. As we input festive season months, we see farmer sentiment strong and enquiry level constructing up, pushed by means of beneficial macroeconomic factors, fairly good water stage of reservoirs, true tempo of Kharif sowing and endured guide via the Government in Agri zone. Some parts of the u . S . A . Have faced a deficit of rainfall in July and August, and it stays to be seen how monsoon behaves in September. Inflation continues at remarkable degrees.

Export tractor sales in August 2021 become at 773 tractors as in opposition to 518 tractors sold in August 2020, registering a boom of 49.2%.