Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the $17.8 billion Mahindra Group, announced its tractor sales numbers for March 2017.
Domestic sales in March 2017 were at 17,973 units, as against 13,931 units during March 2016. Total tractor sales (domestic + exports) during March 2017 were at 19,337 units, as against 14,682 units for the same period last year. Exports for the month stood at 1,364 units.
Commenting on the month’s performance, Mr. Rajesh Jejurikar, President – Farm Equipment Sector, Mahindra & Mahindra Ltd., said: “We have sold 17,973 tractors during March 2017 with a growth of 29% over last year. With continued Government support to agriculture and expectation of bumper rabi crop, we expect market sentiments to remain positive. In the exports market, we sold 1,364 tractors with a growth of 82% over March 2016.”