Mahindra Tractor Sales Report Jan 2023 - Sales Increased by 28%

Published - 01 Feb 2023

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Mahindra Tractor Sales Report Jan 2023 - Sales Increased by 28%

Mahindra & Mahindra Ltd. released its January 2023 tractor sales report. The total sales of Mahindra tractors in January 2023 were 28,926 units, as against 22,682 units in January 2022. The Mahindra sales data shows an increase in sales by 28%.

Mahindra Domestic Tractor Sales Report for Jan 2023

Mahindra’s domestic tractor sales were 27,626 units in Jan 2023, compared to 21,162 units in January 2022. Domestic tractor sales show a double-digit growth of 31%.

Mahindra Export Tractor Sales Report for Jan 2023

The export sales of Mahindra tractors was recorded at 1300 units in January 2023, compared to 1520 units in January 2022. The export sales data shows a decline of 14%.

Mahindra Tractors Sales in India - January 2023

Here is a quick breakdown of the Mahindra tractor sales report for January 2023.

Particulars	January 2023	January 2022	% change
Domestic	27,626	21,162	31%
Exports	1,300	1,520	-14%
Total	28,926	22,682	28%

Mahindra Tractor Sales 2023 - Year to Date Summary

Here is Mahindra tractor sales year to date change for the current year and previous year.

Particulars	2023	2022	%change
Domestic	3,31,290	2,90,030	14%
Exports	15,450	14,468	7%
Total	3,46,740	3,04,498	14%

Hemant Sikka, President of Farm Equipment Sector, Mahindra & Mahindra Ltd. said —

“We have sold 27,626 tractors in the domestic market in January 2023, registering a growth of 31% since last year. We can say we are off to a good start to the year due to the promising Rabi crop outlook. The sowing acreage for key crops of wheat, oil seeds and pulses and oil seeds has already surpassed previous years, followed by conducive soil and weather conditions. Farmers are starting to harvest this bumper crop. In addition, continued government focus and higher investment in this sector will likely aid positive sentiments and boost tractor demands in the foreseeable future. In the export market, we have sold 1300 tractors.``

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