Mahindra's domestic tractor sales up in December 2019
New Delhi: Mahindra & Mahindra's Farm Equipment Sector (FES) has announced it sold 17,213 units of tractors in the domestic market in December 2019, up 4 percent from 16,510 units recorded in the same month in 2018.
The company's export number has dipped 13 percent to 777 units last month, as against 894 units shipped in December 2018.
Dec 2018 | Dec 2019 | % Change | |
Domestic | 16,510 | 17,213 | 4% |
Exports | 894 | 777 | -13% |
Total Sales | 17,404 | 17,990 | 3% |
Total tractor sales for the homegrown company in December 2019 was 17,990 units, compared to 17,404 units sold in the same month of 2018.
|
Escorts tractor sales fall 10.5% in December 2019 |
Cumulatively, the company has sold 242,625 units in this fiscal between April-December, 10 percent down from 269,558 units sold during the same period in the last fiscal.
Commenting on the performance, Rajesh Jejurikar, President, Farm Equipment Sector, Mahindra & Mahindra Ltd, said, “We have sold 17,213 tractors in the domestic market during December 2019 with a growth of 4% over last year."
He also said, "Tractor demand looks positive in the near term led by the expectation of a better Rabi output, supported by crop prices and government thrust on irrigation, rural infra & agri sector. In the exports market, we have sold 777 tractors”.
Read More
M&M, Escorts Tractor Sales Decline in November
FY'19 Market Share of Tractor Companies and Industry Updates
Mahindra achieved highest ever monthly sale of tractors in October
Mahindra’s Farm Equipment Sector Sells 44,646 Units in India during October 2019
Escorts Agri Machinery Volumes grew by 1.2 percent in January 2020, MoM Volume up by 47.4%
Category
Write Your Comment About Mahindra's domestic tractor sales up in December 2019
.webp&w=1920&q=75)
Top searching blogs about Tractors and Agriculture
24 Jun 2025
30 Jun 2025
03 Jan 2025
27 Nov 2024
22 Jan 2025
21 Nov 2024
24 Jun 2025
27 Jun 2025
25 Jun 2025
16 Dec 2024
31 Dec 2024
27 Jun 2025
27 Jun 2025
24 Jun 2025