Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, announced its tractor sales numbers for December 2017.
Domestic sales in December 2017 were at 16,671 units, as against 12,619 units during December 2016. Total tractor sales (domestic + 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.
Rajesh Jejurikar, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “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% over December 2016.”