New Delhi, January 05, 2017: Mahindra & Mahindra Ltd’s Farm Equipment Sector (FES), a part of the 19 billion dollar Mahindra Group, on Tuesday announced that the domestic sales of its tractors in December 2017 were at 16,671 units, as against 12,619 units during December 2016.
According to an official release, total tractor sales (domestic plus exports) during December 2017 were at 18,288 units, as against 14,047 units for the same period last year. Exports for the month stood at 1,617 units.
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 per cent 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 per cent over December 2016,” he said.
United News of India