However, sales rebounded 73% month-on-month from 69,250 units in Aug this year. Chennai: Domestic tractor sales declined 18% year-on-year to 1,19,667 units in Sept 2026 due to a host of factors.
Industry representatives attribute the decline in Sept volumes to a patchy monsoon, a high base following the GST rate reduction in Sept 2025, a shift in the festive season to October 2026 and lower Kharif sowing. Despite the Sept decline, domestic tractor sales grew 8% YoY to 6.1 lakh units during H1FY27, compared with 5.6 lakh units in the corresponding period last year, according to data from the Tractor and Mechanization Association. “While the tractor segment has seen healthy growth momentum post the GST rate cuts, aided by a low base, we expect growth rates to taper off as the base catches up from Sept 2026.
Additionally, erratic rainfall amid the ongoing El Niño could further weigh on growth in H2FY27, particularly against a higher base,” analysts at Motilal Oswal Financial Services said. You Can Also Check: Gold Rate in Chennai | Silver Rate in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Chennai AQI | Weather in Chennai | Petrol Price in Chennai | Diesel Price in Chennai | CNG Price in Chennai | LPG Price in Chennai