Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, today announced its tractor sales numbers for February 2018.
Domestic sales in February 2018 were at 19,280 units, as against 13,834 units during February 2017. Total tractor sales (domestic + exports) during February 2018 were at 20,483 units, as against 15,007 units for the same period last year. Exports for the month stood at 1,203 units.
Commenting on the month's performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, "We have sold 19,280 tractors during February 2018 with a growth of 39% over last year. With the announcement of record horticulture production and increased Union budget allocations to rural and agriculture sector, we expect the growth momentum to continue in the coming months. In the exports market, we have sold 1,203 tractors during the month."
|FARM EQUIPMENT SECTOR|