Robust tractor sales and GST benefits for utility vehicles should aid growth

Mahindra and Mahindra (M&M) is on a strong wicket right now with robust tractor sales, cheaper utility vehicles (UV) under the GST regime and upcoming launches to strengthen its market leadership position in these segments. Both urban and rural consumption are looking up, thanks to benign borrowing costs, low inflation and measures to improve farm incomes. Hence, prospects for both UVs and tra...