Escorts tractor sales jump 49 pc to 9,021 units Jan 2021


PTI, Feb 1, 2021, 11:24 AM IST

New Delhi: Farm equipment manufacturer Escorts Agri Machinery on Monday reported a 48.8 per cent jump in tractor sales at 9,021 units in January 2021.

The company had sold 6,063 units in January 2020.

Domestic tractor sales during last month stood at 8,510 units as against 5,845 units in January 2020, up 45.6 per cent, Escorts said in a BSE filing.

Escorts said the tractor market continues to be strong on the back of positive macroeconomic factors and strong rural cash flows.

”The supply side situation is normalising and is no longer expected to be a bottleneck to meet demand. However, rising inflation continues to be a worry,” the company said.

Exports last month grew to 511 units compared with 218 units in January 2020.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

10 month baby gets new heart, new life

Actress Kasthuri released from jail, says ‘I thank those who made me raging storm’

Kidnapped for ransom in 1998, 26/11 survivor Gautam Adani faces biggest trial

100 engineering colleges in Karnataka to be ‘adopted’ by corporates by next year: IT Minister Kharge

Siddaramaiah defends BPL ration card cancellation, says only ineligible beneficiaries affected

China announces new policy measures to protect its exports from Trump’s new tariff threat

Renovated Medical Oncology OPD and Chemotherapy Day Care Centre inaugurated at Kasturba Hospital, Manipal

Related Articles More

Passenger vehicle wholesales up marginally at 3,93,238 units in Oct: SIAM

HMSI recalls GL1800 Gold Wing units to fix faulty component

Hero MotoCorp looks to scale up EV biz, lines up new models

Royal Enfield forays into electric bike segment; unveils first model under Flying Flea brand

Maruti Suzuki looks to cash in on ‘few lakh marriages’ in Nov to carry festive sales momentum

MUST WATCH

Christmas Cake Fruit Mixing

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation


Latest Additions

Only ineligible BPL cards cancelled: Dinesh Gundu Rao

Fraudsters create fake FB profile misusing Udupi DC’s identity, case filed

Investigation begins into Naxal Encounter; Where did the others escape?

Mumbai terror accused Rana approaches US Supreme Court to challenge extradition to India

Who will be next Maharashtra CM? Mahayuti, MVA constituents drop different names

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.