January 26, 2021 08:46 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Shinzo Abe, SP Balasubrahmanyam and 5 others awarded Padma Vibhushan this year | Netaji's Rashtrapati Bhawan portrait sparks row; TMC MP deletes tweet after claiming it resembles actor Prosenjit | Govt remains singularly devoted to farmers’ welfare, says Prez Kovind in address to nation | Groping without skin-to-skin contact not sexual assault: Bombay HC | Indian, Chinese soldiers clash in Sikkim's Naku La, injuries reported on both sides
Escorts Agri Machinery November 2020 sales moves up by 33 percent Escorts Agri Machinery
UNI

Escorts Agri Machinery November 2020 sales moves up by 33 percent

India Blooms News Service | @indiablooms | 01 Dec 2020, 03:30 pm

Mumbai/UNI: Escorts Agri Machinery Segment (EAM) has reported a rise of 33 pci n it's November 2020 sale at 10,165 tractors against 7,642 tractors sold in November 2019.

Domestic tractor sales in November was at 9,662 tractors registering a growth of 30.9 pc against 7,379 tractors in November 2019.

The dealer and depot stocks continue to be low. Stock correction in the coming months would continue to push the industry upwards, supported by healthy water reservoir levels and a good harvest.

The supply chain still is volatile but should improve going forward. We have taken a price increase this month to pass on the inflation in the commodity prices.

Export tractor sales in November 2020 was at 503 tractors against 263 tractors exported in November 2019, registering a growth of 91.3 pc