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Tractor sales could grow in double digits in H2 FY2025

Backed by good rainfall and government policies, H2 volumes may rise in double digits in percentage terms, leading to a growth in overall FY2025 sales, say industry players and analysts.

By Yukta Mudgal

04 Jan 2025

6375 Views

Tractor sales could grow in double digits in H2 FY2025

Tractor sales in India are recovering after a period of slowdown following the financial year that ended in March 2023 (FY2023), when they had hit a record 9.45 lakh units despite the pandemic. Still, the current fiscal year’s numbers will likely be below that peak and growth is anticipated to be limited to mid-single digits in percentage terms.

Industry leaders and analysts say that FY2025 is a story of two halves, with almost flat sales in the first half, followed by a potential double-digit percentage growth in the remaining six months.

During the first half, the industry sold ...

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