Domestic 3-W space witnesses mixed prints, tractor space reports healthy YoY growth
In the 3-W space, market leader Bajaj Auto posted 15% MoM growth at 53,335 units while Atul Auto posted 4.3% MoM growth at 2,352 units. TVS posted a 9.4% MoM decline at 15,658 units. In the tractor segment, Escorts reported growth of 7.2% YoY at 14,492 units; M&M posted 10.6% YoY growth at 51,994 units
The 3-W segment was a mixed bag of numbers with market leader Bajaj Auto witnessing MoM improvement led by both domestic & export market. In the tractor space, growth came in healthy with both players in the listed space reporting highest ever monthly sales volume in a seasonally strong month
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