Escorts sells 6,979 tractors in April
Escorts sold 6,979 tractors in April 2021 as compared to 705 tractors sold in April 2020. The company's Agri Machinery Segment (EAM) recorded domestic sales of 6,386 tractors in April 2021 as against 613 tractors in April 2020. The demand in April last year was drastically impacted by COVID-19 national lockdown; so was it in April 2021 although not to the same extent. This time around supply chain had minimal impact from local restrictions owing to the second wave of COVID-19. This enabled the company to build some inventory in anticipation of some pent-up demand as the pandemic situation i...
Source: business-standard.com