Mahindra Tractor sales dip by 2 percent in December 2018

NEW DELHI: Home-grown tractor manufacturer, Mahindra tractors on Tuesday announced that it sold 16510 units in December 2018.

The tractor manufacturer sales dip by 2 percent, when compared to 16855 units during the same month last year.
Total tractor sales (domestic + exports) during December 2018 were at 17,404 units, as against 18,488 units for the same period last year. Exports for the month stood at 894 units.

Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “On December 2018, the Farm Equipment Sector has sold a total volume of 17,404 tractors (inclusive of exports). Even though the Rabi crop sowing has been lower than desired, we hope that the government's initiatives in the Agri and rural sectors would enable tractor sales momentum in Q4 F19. In the Export market, we sold 894 tractors.”