<p>Farm equipment manufacturer Escorts Agri Machinery on Monday reported 80.1 per cent jump in tractor sales at 7,268 units in August 2020.</p>.<p>It had sold 4,035 tractor units in August 2019.</p>.<p>Escorts Agri Machinery said the market sentiment continues to be highly positive with good monsoons, better kharif sowing, crop prices holding up well, and good supply of retail finance.</p>.<p>"We remain optimistic for the coming festive months. The supply side situation improved significantly as compared to last month. We are currently operating close to peak capacity now.</p>.<p>“In August 2020 we could build some inventory both at dealer and depots, which since the last few months was at very low levels," the company added.</p>.<p>Escorts Agri Machinery sold 6,750 tractor units in the domestic market in August this year, up 79.4 per cent, as against 3,763 tractor units in August 2019.</p>.<p>Exports for the month also went up by 90.4 per cent to 518 units as against 272 units in August 2019.</p>
<p>Farm equipment manufacturer Escorts Agri Machinery on Monday reported 80.1 per cent jump in tractor sales at 7,268 units in August 2020.</p>.<p>It had sold 4,035 tractor units in August 2019.</p>.<p>Escorts Agri Machinery said the market sentiment continues to be highly positive with good monsoons, better kharif sowing, crop prices holding up well, and good supply of retail finance.</p>.<p>"We remain optimistic for the coming festive months. The supply side situation improved significantly as compared to last month. We are currently operating close to peak capacity now.</p>.<p>“In August 2020 we could build some inventory both at dealer and depots, which since the last few months was at very low levels," the company added.</p>.<p>Escorts Agri Machinery sold 6,750 tractor units in the domestic market in August this year, up 79.4 per cent, as against 3,763 tractor units in August 2019.</p>.<p>Exports for the month also went up by 90.4 per cent to 518 units as against 272 units in August 2019.</p>