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#Domestic #Tractor Sales hit a record high of 9.44 lakh units in FY23, up 12% when compared to last year.
Higher tractor sales means #farmers are turning #prosperous, investing more on #mechanisation and #transportation. It also indicates an increase in total sown area.
Higher tractor sales means #farmers are turning #prosperous, investing more on #mechanisation and #transportation. It also indicates an increase in total sown area.
Domestic #Tractor sales hit record high in FY23
𝐘𝐞𝐚𝐫 𝐔𝐧𝐢𝐭
Y17-18 726026
Y18-19 784930
Y19-20 707533
Y20-21 899683
Y21-22 842196
𝗬𝟮𝟮-𝟮𝟯 𝟵𝟰𝟰𝟬𝟬𝟬
Major Reason:
- Rise in MSP🚀
- Increased farm income due to rise in MSP.📈
𝐘𝐞𝐚𝐫 𝐔𝐧𝐢𝐭
Y17-18 726026
Y18-19 784930
Y19-20 707533
Y20-21 899683
Y21-22 842196
𝗬𝟮𝟮-𝟮𝟯 𝟵𝟰𝟰𝟬𝟬𝟬
Major Reason:
- Rise in MSP🚀
- Increased farm income due to rise in MSP.📈
- Another year of above average monsoon by the grace of Maa Bharti.
Technological advancements in the high horsepower (HP) tractor segment have also played a significant role in driving sales. Manufacturers have introduced innovative features and improved functionalities in high
Technological advancements in the high horsepower (HP) tractor segment have also played a significant role in driving sales. Manufacturers have introduced innovative features and improved functionalities in high
