Escorts Kubota Tractor Sales Rise 47% in January 2026; Construction Volume Dips

Escorts Kubota Limited reported a 46.9% increase in total tractor sales to 9,799 units in January 2026, compared to 6,669 units in the same month a year ago. The growth was driven primarily by domestic demand.

Domestic tractor sales stood at 9,137 units in January 2026, a 50.8% increase from 6,058 units sold in January 2025. The company stated that the domestic tractor industry showed continued momentum driven by positive rural sentiment and increased farm activity.

The filing cited progress in rabi sowing, improved water availability, a reduction in the goods and services tax (GST) rate, favourable government policies, and ongoing state subsidies as contributing factors. Escorts Kubota noted that these favourable conditions are expected to fuel continued growth in the industry in the coming months.

Export tractor sales rose 8.3% to 662 units in January 2026, up from 611 units in the year-ago period.

The Construction Equipment Business Division reported a 3.7% decline in sales to 524 machines in January 2026, compared to 544 machines in January 2025. The company stated that while the industry continues to see demand softness and slower infrastructure execution, volumes in January 2026 showed "early signs of stabilization."

The company expects a gradual improvement in the construction equipment sector, supported by anticipated higher government spending, timely project awards, and better on-ground execution in the coming year. For the April–January period, total sales in the construction equipment segment stood at 4,441 units, a decline of 16.3% from 5,309 units in the corresponding period of 2024-25.