Escorts Kubota Ltd on Sunday reported a 10 per cent year-on-year decline in total tractor sales to 16,921 tractors in October from 18,798 a year earlier. Its domestic tractor sales fell 10.9 per cent to 16,412 tractors compared to 18,423 units in the year-ago period. However, the company's exports rose 35.7 per cent to 509 units in October against 375 units in the year-ago period. The industry witnessed some moderation in October 2026, impacted by a high base, shift in festive timing and monsoon-related disruptions. Elevated input costs due to geopolitical developments and consequent pricing actions may moderate demand in the near term, the company said in a release.
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