continues to be strong with expansion in rabi acreage very high reservoir levels and higher liquidity in the hands of farmers with timely kharif procurement demand is expected to remain robust on account of these factors hemant sikka president farm equipment sector fill the companys nameanother key player in the segment escorts said that it was able to service all demand for the first time post lockdown the companys domestic tractor sales in january 2021 were at 8510 units up 456 against 5845 tractors in january 2020the supplyside situation is normalising and is no longer expected to be a bottleneck to meet demand however rising inflation continues to be a worry escorts saidsonalika tractors sold 8154 unis in the domestic market in the month of january 2021 as against 5585 in the same month last year witnessing a growth of around 46oemsjanuary 2021january 2020changemm3477823116504escorts90216063488sonalika tractor101587220407threewheeler segment stayed a laggardwith the drastic fall in mobility requirements due to the work from home culture fear of infection from vehicle sharing and inherent financing problems the threewheelers monthly domestic wholesales have not reached even half of last years levels hence this industry is considered to be a laggard and recovery seems unlikely until at least h2 fy22with the drastic fall in mobility requirements due to the work from home culture fear of infection from vehicle sharing and inherent financing problems the threewheelers monthly domestic wholesales have not reached even half of last years levels hence this industry is considered to be a laggard and recovery seems unlikely until at least h2 fy22passenger carriers which constitute more than 80 of the total three wheeler sales volume have recovered only 3040 of pre covid level wherein cargo segment is back to 70 75 of the normal level on the back of increased ecommerce sales however with the gradual resumption of the services sector a good lead indicator analysts are expecting a much faster recovery in cargo demand in the coming months on the financing front analysts expect that as the drivers get more trips due to the return of normal traffic and their daily incomes improve financiers will resume lending to threewheelers by shruti mishra etauto published on feb 2 2021 at 0144 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app auto sales in january 2021 motorcycle sales bajaj auto sales in jan auto sales maruti suzuki sales in janaury 2021 homenewsindustryauto sales remain well inside positive territory in january