Tractor Sales In India Register 3 3% Growth In July outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Amidst Covid-19 Wave, Tractor Sale In India Takes A Hit
Figures compiled by Tractor Junction show 55,599 units sold in May 2021 against 60,441 in May 2020, registering a drop in tractor sales by 8%
Photo by Anil Dayal Jun 04, 2021
The domestic sale of tractors in India has taken a direct hit in the current wave of Covid-19 pandemic. The impact is significant in rural areas, where demand for tractors is high, with dealers downing shutters during the resultant lockdown.
Figures compiled by Tractor Junction show that 55,599 units were sold in May 2021 against 60,441 during last year, corresponding. This shows a drop in tractor sales by about 8%. Going by the data, it shows that the second wave of Covid-19 has hit hard rural India.
Tractor Sales Show Upswing Despite Pandemic: Reports
Available figures indicate that in April 2021 tractor sales have registered a growth of 436 percent over last year corresponding
Photo by Prabhjot Singh Gill Outlook Web Bureau May 11, 2021
The tractor industry appears to have withstood the COVID-19 onslaught. Considered a barometer for the state of the rural economy in India, this segment has been doing relatively well during long days of lockdown which hit hard many industries.
In April 2021, according to Tractor Junction – a digital marketplace for tractors and other farm equipment – 63,447 units have been sold in the domestic market in April 2021.
In the corresponding period last year, during the nationwide lockdown in April 2020, this figure was 11,827 units, added Tractor Junction.