Mahindra, Escorts pin hope on festivals, kharif bounty for bounce in tractor sales
Below par monsoon is the primary reason for the falling tractor sales, which were “good” in FY22 and FY23. The high base of the previous two fiscal years is also affecting growth; a large part of tractor buying is due to replacement demand.
Tags : tractor sales mahindra escorts mahindra tractors escorts tractors kharif bounty Umesh Kumar Tractor Manufacturers Association (TMA) rbi Escorts Kubota
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