Mumbai, April 2, 2018
Mahindra & Mahindra Ltd’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, announced its tractor sales numbers for March 2018.
Domestic sales in March 2018 were at 26,958 units, as against 17,973 units during March 2017. Total tractor sales (domestic and exports) during March 2018 were at 28,277 units, as against 19,337 units for the same period last year. Exports, which include completely knocked down units (CKD), for the month stood at 1,319 units.
Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd said, “In full year FY 18, we have sold over 3 lakh tractors in India setting a new benchmark. The domestic sales in March 2018 were at 26,958 tractors with a growth of 50 per cent over the same month last year. We have seen a good momentum in Q4 and hope to see it continue next year too. In the exports market, we have sold 1,319 tractors.”