Please Enter OTP For Tractor Price कृपया ट्रैक्टर की कीमत के लिए ओटीपी दर्ज करें
Enquiry icon
Enquiry Form

Mahindra’s FES Sells 45,420 Tractors in India during October 2021

Mahindra’s FES Sells 45,420 Tractors in India during October 2021

    Mahindra’s FES Sells 45,420 Tractors in India during October 2021

01 Nov, 2021

Mumbai, November 1, 2021: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for October 2021.

Domestic sales in October 2021 were at 45420 units, as against 45588 units during October 2020.

Total tractor sales (Domestic + Exports) during October 2021 were at 47017 units, as against 46558 units for the same period last year.

Exports for the month stood at 1597 units.

Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 45420 tractors in the domestic market during October 2021 over last year. With rapid Covid vaccination drive exceeding 100 crore doses in the country, the economy has started gaining momentum, while rural economic activity continues to be resilient. The monsoon, though normal at cumulative level, has been back ended with heavy rainfall in September and October. This has resulted in delayed harvesting of Kharif crop, while leading to higher reservoir levels and moisture content for Rabi crop. Expectation of a good Kharif harvest, coupled with good preparations for Rabi crop and the upcoming festivities, will boost positive sentiments and drive demand in the coming months. In the exports market, we have sold 1597 tractors with a growth of 65% over last year.”

 

Farm Equipment Sector
Particulars October YTD October
  F22 F21 %Change F22 F21 %Change
Domestic 45420 45588 -0.4% 226087 200492 13%
Exports 1597 970 65% 9779 4969 97%
Total 47017 46558 1% 235866 205461 15%

*Exports include CKD

About Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

 

https://images.tractorgyan.com/uploads/2769/6127574ca9628_BLOG-(4).jpg Top 5 Mahindra tractors in India 2023!
This blog revolves around the top 5 Mahindra tractors in India in 2023 that helps the farmers to make a better decision on their purchasing plans....
https://images.tractorgyan.com/uploads/3395/6156d03c9db53_WhatsApp-Image-2021-10-01-at-2.38.30-PM.jpeg Mahindra’s FES Sells 39,053 tractors in India during September 2021
Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for September 2021. Dom...
https://images.tractorgyan.com/uploads/3614/617f71309664e_Escorts.jpeg Escorts Agri Machinery sold 13,514 tractors in October 2021
Escorts limited Agri Machinery products segment (EAM) in October 2021 sold 13,514 tractors as against 13,664 tractors sold in October 2020, a drop of ...

Top searching blogs about Tractors and Agriculture

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

review Write Comment About Blog.

Enter your review about the blog through the form below.



Customer Reviews

Hello tractorgyan.com administrator, Great content!

user reviewBy Steffen Robledo  23-02-2023

Popular Posts

https://images.tractorgyan.com/uploads/112771/661d17a5bcd63-who-should-buy-john-deere-tractor.jpg

जानिए जॉन डियर ट्रैक्टर किसे खरीदना चाहिए? नया जॉन डियर ट्रैक्टर खरीदने से पहले जाने ये बाते!

यह बात तो सबको पता है कि जॉन डियर के ट्रैक्टर अपने आप में गुणवत्ता की मिसाल होते है और अपने उपभोगता...

https://images.tractorgyan.com/uploads/112737/6618cebdb2a75-cnh-expands-india-technology-center-with-multi-vehicle-simulator.jpg

CNH Expands India Technology Center with first-of-its-kind Cutting-Edge Multi-Vehicle Simulator

Gurugram, April 11, 2024: CNH, a global leader in agricultural and construction solutions, toda...

https://images.tractorgyan.com/uploads/112738/6618f75158ee5-vst-power-tillers-and-sfm-segment-lead-the-market-share.jpg

VST Power Tillers and SFM Segment Lead the Way with More Than 60% Market Share and LEADNXT Initiative

After achieving more than 60% market share in the power tiller and SFM segment, VST Tillers Tractors...

Select Language

tractorgyan offeringsTractorGyan Offerings