Mahindra Tractor Sales Zoom 61% In October; Sells 43826 Units
Mahindra Tractor sales zoom 61% in October; Sells 43826 units
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M&M’ Farm Equipment Sector (FES) sold total (domestic + exports) 27,280 units during October 2015, the company said in a statement.
“This season’s rainfall has been normal resulting in healthy water levels in reservoirs. Expectation of good Kharif crop coupled with continued good sentiments will positively impact demand going forward,” Rajesh Jejurikar, president and chief executive – Farm Equipment and Two Wheeler Division, M&M said.
Meanwhile, M&M, India’s leading SUV manufacture, reported 1% YoY growth in its auto sales at 52,008 vehicles in October, 2016 compared to 51,383 vehicles during October, 2015.