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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
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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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