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 June 2018.
Domestic sales in June 2018 were at 39,277 units, as against 31,660 units during June 2017. Total tractor sales (domestic + exports) during June 2018 were at 40,529 units, as against 33,093 units for the same period last year. Exports for the month stood at 1,252 units.
Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 39,277 tractors in the domestic market during June 2018, a growth of 24% over last year. With the healthy spread of the monsoon across the country, we are hopeful of a good agricultural output, leading to improved market sentiment. In our export markets, we sold 1,252 tractors.”
|FARM EQUIPMENT SECTOR|