Mahindra & Mahindra (M&M) on Sunday reported a 2 per cent increase in its tractor sales at 46,558 units in October.
01 Nov, 2020
New Delhi: Mahindra & Mahindra (M&M) on Sunday reported a 2 per cent increase in its tractor sales at 46,558 units in October. The company had sold 45,433 units of tractors in October 2019, Mahindra & Mahindra (M&M) said in a statement
Domestic sales grew 2 per cent to 45,588 units in October this year compared to 44,646 units in the year-ago month, it added.
Exports during the month stood at 970 units, as compared to 787 units in October last year, up 23 per cent, the company said.
"We continue to witness unprecedented retail demand which is likely to be higher than wholesale numbers on back of expectations of a higher Kharif output and good cash flow in the market," M&M President - Farm Equipment Sect.
Auspicious festival days ahead, coupled with mechanisation requirements for ongoing Kharif harvesting and impending Rabi sowing season augurs well for the industry, he added.
Mahindra’s initiative - “Prerna for women and Power to their dreams”
बेस्ट कल्टीवेटर इन इंडिया 2021: विशेषता, कीमत व सब्सिडी की पूरी जानकारी।
भारत के 10 सबसे बेहतरीन ट्रैक्टर
How much Horsepower tractor do you need for your farm?
Tractors are an essential farming vehicle for agriculture as it provides ease and assistance for cro...
Retail Tractor sales up by 9.66 percent YoY in June 2022 shows FADA Research
FADA Sales report for June 2022 is out, and we can say that unlike a recent couple of years, this ye...
Sonalika sold overall 39,274 tractors highest ever in June'22
In a post on Linkedin Joint Managing Director of International Tractors limited (Sonalika & Soli...