Farm equipment manufacturer
Domestic tractor sales during last month stood at 10,690 units as against 8,049 units in February 2020, up 32.8 per cent, Escorts said in a regulatory filing.
Escorts Agri Machinery said the tractor demand is expected to continue to be strong on back of positive macroeconomic factors and strong rural cash flows.
The supply-side situation is normal, but rising inflation continues to be a worry, the company added.
Exports last month were at 540 units compared to 552 units in February last year.