Tractors sales stay in slow lane as weak rains dampen demand

Led by Diwali, which begins with Dhanteras later this month, manufacturers expect sales momentum to return in the current month. Advancing for four straight years from FY20, tractor sales in India ended FY23 with a record 944,000 units, up 12% YoY. Domestic tractor sales in October dropped 5% to 117,714 units from 123,526 in the same period a year ago, according to data from Tractor Junction.

from Auto-Industry-Economic Times https://ift.tt/D0HJzxm