FCC

Mahindra?s Farm Equipment sales at 16,375 units

2018-09-04

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for August 2018. Domestic sales in August 2018 were at 16,375 units, as against 15,356 units during August 2017. Total tractor sales (domestic + exports) during August 2018 were at 17,785 units, as against 16,641 units for the same period last year. Exports for the month stood at 1,410 ??units.

Commenting on the month?s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd said, ?We have sold 16,375 tractors in the domestic market during August 2018, a growth of 7 per cent over last year. The announcement of higher MSP for Kharif crops will drive positive sentiments in the upcoming festive season. In the exports market, we sold 1,410 tractors with a growth of 10 per cent over August 2017.?