FCC

Mahindra sells 22,329 tractors in India in January 2020

2020-02-03

Mahindra & Mahindra?s Farm Equipment Sector (FES) announced its tractor sales numbers for January 2020. Domestic sales in January 2020 were at 22,329 units, as against 20,948 units during January 2019. Total tractor sales (domestic + exports) during January 2020 were at 23,116 units, as against 22,212 units for the same period last year. Exports for the month stood at 787 units.

Commenting on the performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra, said, ?We have sold 22,329 tractors in the domestic market during January 2020 with a growth of 7 per cent over last year.

The tractor demand is likely to see positive momentum, led by the expectations of a good Rabi output and the government?s renewed focus on rural sector through higher allocation as announced in the Union Budget. In the exports market, we have sold 787 tractors.?