Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, announced its tractor sales numbers for December 2017.
Mahindra sold 16,671 tractors in India in December 2017 against 12,619 units in December 2016. Total tractor sales (domestic + exports) during December 2017 were at 18,288 units, as against 14,047 units for the same period last year. Total export for the month stood at 1,617 tractors.
Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 16,671 tractors in the domestic market during December 2017, a growth of 32% over last year. With the healthy reservoir levels and good progress on rabi sowing, we expect the growth momentum to continue in the coming months. In the exports market, we sold 1,617 tractors, a growth of 13% over December 2016.”