03 Nov, 2022
Mumbai, November 1, 2022: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for October 2022.
Domestic sales in October 2022 were at 50539 units, as against 45420 units during October 2021.
Total tractor sales (Domestic + Exports) during October 2022 were at 51994 units, as against 47017 units for the same period last year. Exports for the month stood at 1455 units.
Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 50539 tractors in the domestic market during October 2022, a growth of 11% over last year. Festive season kept the spirits high and led to very strong momentum in demand for tractors and farm machinery. The recent Government announcement of higher MSP for key Rabi crops, good moisture content in the soil, high reservoir levels and good progress in sowing for Rabi crops are all positives for continued good demand for tractors in coming months. In the exports market, we have sold 1455 tractors.”
|Farm Equipment Sector Summary - October 2022|
*Exports include CKD
Mahindra FES achieves highest ever monthly sales in India at 47100 tractors, during September 2022
Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for September 2022....
Vst sold 474 Tractors and 1368 Power Tillers in October, 2022
Vst is a well-known and century-old tractor manufacturing company situated in India south....
Escorts Kubota registers highest-ever monthly sales of 14,492 tractors, Up 7.2% YoY
Escorts Kubota Limited Agri Machinery Segment (Farmtrac tractor, Powertrac tractor and Digitrac tractor) in October 2022 sold 14,492 tractors, our eve...
|Top 10 Tractor brands in india||To 10 Agro Based Indutries in India|
|Rabi Crops and Zaid Crops seasons in India||Commercial Farming|
|DBT agriculture||Traditional and Modern Farming|
|Top 9 mileage tractor in India||Top 5 tractor tyres brands|
|Top 11 agriculture states in India||top 13 powerful tractors in india|
|Tractor Subsidy in India||Top 10 tractors under 5 Lakhs|
|Top 12 agriculture tools in India||40 Hp-50 Hp Tractors in India|
ये हैं 10 लाख में आने वाले, दमदार 10 ट्रैक्टर!
एक किसान के लिए एक ट्रैक्टर ही खेतो पर उसका सच्चा साथी होता है। एक ट्रैक्टर किसान को बीज बोने और खेत...
Popular 8 Feet Rotavators Price List in India 2023 - Features and Benefits
Farmers need to buy 8 feet rotavator to effectively prepare a large farming land within less time an...
Mr. Ramesh Iyer Joins TVS Capital Funds Board: A Visionary Leader Empowering Next Generation Entrepreneurs
Ramesh Iyer, who has done commendable work as a Vice-Chairman and MD of Mahindra Finance, has now jo...