GST cut drives tractor sales into high gear

. Sales hit a record 146,000 units

- SWARAJ BAGGONKAR

A REDUCTION IN the goods and services tax (GST) rate on tractors, coupled with festive demand, drove monthly sales to an all-time high in September.

Data from the Tractor and Mechanization Association (TMA), the industry's apex body, showed that a little over 146,000 tractors were sold in the domestic market last month, surpassing the previous best of 144,675 units recorded in October 2024.