TAFE was able to register the highest Market Share gain of 1.49% in FY2021.įY2021 proved to be the best year for International Tractors (Sonalika Group) as they have gained 1.36% Market Share YoY and recorded their ever highest market share of 13.06%.
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TAFE recorded sales of 1,65,802 units in FY2021 with a growth of 38% from FY2020. It is the first time in the past 6 years that Mahindra’s market share has dropped to this level. Do note that Mahindra tractors lost market share of 2.94% which was the highest in the Industry. M&M+Swaraj sold 3,43,833 tractors in FY2021, which is 51,932 units higher than FY2020. Mahindra & Mahindra, World’s No.1 Tractor Manufacturer registered a 17.8% increase in volumes for FY’21 against FY’20.
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