New Delhi, May 13 -- Two of India's largest tractor makers and at least one motorcycle company expect sales of tractors and entry-level motorcycles to slow this year, signalling imminent stress for the auto industry in the rural areas that may spread to other sectors if the monsoon is poor, company executives and analysts said.
Mumbai-based Mahindra and Mahindra Ltd estimates 5% growth in its tractor sales volumes in FY27 compared with a 20% increase to 446,948 units in the previous fiscal year. Faridabad-based Escorts Kubota Ltd expects a 2-3% decline in tractor sales this fiscal after a 30% growth to 114,468 units in FY26.
Tractor sales in India grew 19% to 1.05 million in FY26, according to the Federation of Automobile Dealers Associ...
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