India Tractors
All about Indian agricultural equipment, tractor finance and govt subsidies

News » Mahindra Sold 39226 Tractors in India during October 2017

Mahindra Sold 39226 Tractors in India during October 2017

Mumbai, November 1, 2017: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, today announced its tractor sales numbers for October 2017.

Domestic sales in October 2017 were at 39,226 units, as against 43,826 units during October 2016. Total tractor sales (domestic + exports) during October 2017 were at 40,262 units, as against 45,177 units for the same period last year. Exports for the month stood at 1,036 units.

mahindra tractors
*Exports include CKD

Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 39,226 tractors in the domestic market during October 2017. In the combined season of September and October 2017, we achieved record sales of 83,226 units. Our revised growth outlook for the domestic industry is 12%-14% for this year. In the exports market, we sold 1,036 tractors".

FARM EQUIPMENT SECTOR
  October Cumulative October
  F17 F18 %Change F17 F18 %Change
             
Domestic 43826 39226 -10% 173289 197332 14%
             
Exports 1351 1036 -23% 8141 8374 3%
             
Total 45177 40262 -11% 181430 205706 13%