The erratic behaviour of tractor sales in India continued during the second quarter of FY 2021-22 with sales growth of 397% to register 5,710 units compared with 1,149 units in the same quarter of the previous year (FY 2020-21). Tractor production increased by 467.2% overall from 1,046 units to 5,933 units and export sales up by 1115% to 243 units (20).

Despite second quarter sales in the light truck segment remaining flat, half year sales of  LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) grew by 36.7% to 179,929 units in first half of FY 2021-22, up from 131,582 units in same period of FY 2020-21. Export sales enjoyed robust growth of 176.7% to 24,445 units, helping to help boost production of light trucks by 57.4% to more than 210,000 units (135,021).

Sales of light duty vehicles (7.5t &below) in the first half of FY 2021-22 surged by 105.1% to register 9,485 units, up from 4,625 units first half of FY 2020-21. Production increased by 67.2% from 5,980 units to 9,999 units, exports were up by 49.7% from 539 units to 807 units.

Sales of buses and coaches (7.5t gvw and above) in India increased by 227.8% in the first half of the fiscal year 2021-22 to register 2,816 units compared 859 units in first half of FY 2020-21. Total exports also increased, by 83.3%, in the first half of FY 2021-22 to record 2,159 units, up from 1,178 units in the first half of FY 2020-21. Total bus production increased too in the half year of FY 2020-21 to 4,655, a gain of 131.0%.

Positive sales of medium and heavy rigid trucks (7.5t gvw and above) in India of the first quarter continued into the second, realising growth of 165.8% in the first half (1H) of FY2021-22 to register 70,917 units compared with 26,677 units in same period of 2020-21.

Tractor sales in India increased by 526.5% during the half of FY 2021-22 to register 8,884 units compared with 1,418 units in the same period of the previous year (1H/FY 2020-21). Tractor production increased by 595.6% overall from 1,384 units to 9,627 units and export sales up by 1161.8%.

The figures record a 1.8% increase following a 35.1% decline in production in the previous month.

Production of trucks and buses grew by 84.6% in the first nine months of 2021 (132,867 units over 71,959 in the same period of the previous year), according to data released by Anfavea.

Domestic sales of light duty buses and coaches(GVW 7.5t or less) surged by 399.7%, increasing to 4,297 units in Q1 2021-22 from 860 units in the first quarter of the previous financial year.

Sales of medium and heavy rigid trucks (7.5t GVW and above) in India saw growth of 536.3% in the first quarter of the financial year 2021-22, increasing to 24,898 units from 3,913 units in same quarter of the year 2020-21.

Domestic sales of light-duty goods carrier vehicles (GVW ≤ 7.5t) grew by 174.3% to 72,345 units in the first quarter of the financial year 2021-22, compared with 26,373 units sold in same period of the previous year.

Domestic sales of tractor units experienced huge growth of 1079.9% during the first quarter of the India financial year 2021-22, increasing to 3,174 units from 269 units in the same quarter of the previous year.