Escorts tractor sales up 30.6% at 11,230 units in February

Farm equipment manufacturer Escorts Agri Machinery on Monday reported a 30.6 percent increase in tractor sales at 11,230 units in February.

The company had sold 8,601 units in February 2020.

Domestic tractor sales during last month stood at 10,690 units as against 8,049 units in February 2020, up 32.8 percent, 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.