Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 20.7 billion Mahindra Group, today announced its tractor sales numbers for April 2019.
Domestic sales in April 2019 were at 27,495 units, as against 29,884 units during April 2018. Total tractor sales (domestic + exports) during April 2019 were at 28,552 units, as against 30,925 units for the same period last year. Exports for the month stood at 1,057 units.
Commenting on the performance, Rajesh Jejurikar, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 27,495 tractors in the domestic market during April 2019. We expect that the prediction of a normal southwest monsoon will bring positive sentiment and boost tractor demand. In the exports market, we have sold 1,057 tractors, a growth of 2% over April 2018”.
|FES Total (FD+SD+Gromax)|
*Exports include CKD