Tractor Gyan Blogs

Home| All Blogs| Mahindra Sells 39405 tractors In India During April 2022, UP 51% YOY
SHARE THIS

Mahindra Sells 39405 tractors In India During April 2022, UP 51% YOY

    Mahindra Sells 39405 tractors In India During April 2022, UP 51% YOY

02 May, 2022

Mumbai, May 2, 2022: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for April 2022.

Domestic sales in April 2022 were at 39405 units, as against 26130 units during April 2021.

Total tractor sales (Domestic + Exports) during April 2022 were at 40939 units, as against 27523 units for the same period last year.

Exports for the month stood at 1534 units.

Commenting on the performance, Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 39405 tractors in the domestic market during April 2022, at a growth of 51% over last year. Our business witnessed strong growth with demand drivers staying on course. Rabi harvesting has progressed well across markets. Amidst the ongoing global situation and high exports of wheat from India, demand for Indian wheat crop has been very high and this has led to farmers getting higher prices in the open market for their produce than MSP. Furthermore, oilseeds are fetching higher market price in the domestic market. Both IMD and Skymet have forecasted a normal monsoon for this year, and this bodes very well for the upcoming Kharif season and will support continued growth for the tractor industry. In the exports market, we have sold 1534 tractors, at a growth of 10% over last year.”

Farm Equipment Sector
  April
F23 F22 % Change
Domestic 39405 26130 51%
Export 1534 1393 10%
Total 40939 27523 49%

*Exports include CKD

 

Read More

 Escorts Agri Machinery sold 94,228 tractors in FY22 Down 11.7% YoY       

Escorts Agri Machinery sold 94,228 tractors in FY22 Down 11.7% YoY             

Read More  

 Mahindra Fes sells 3,54,698 tractors in FY22       

Mahindra Fes sells 3,54,698 tractors in FY22                                                     

Read More  

 Escorts Agri Machinery sold 8,325 tractors in April 2022, Up 19.3% yoy       

Escorts Agri Machinery sold 8,325 tractors in April 2022, Up 19.3% yoy            

Read More

Write Comment About Blog.

Enter your review about the blog through the form below.



Customer Reviews

Record Not Found

Popular Posts

https://images.tractorgyan.com/uploads/26319/6281f45aa1b4d_blog-26.jpg

Top 10 Tractor Companies in the World in 2022

For farmers, tractors are the most precious asset. Farming in the twenty-first century would be unth...

https://images.tractorgyan.com/uploads/26315/627f5468b4eeb_blog-25.jpg

Different types of soil and there uses in India | Tractorgyan

Soil is the topmost layer of the earth’s crust where weathered particles of rocks have embedde...

https://images.tractorgyan.com/uploads/26300/627dd15dc50da_contract-farming.jpg

Types & Benefits of contract farming | Tractorgyan

What is contract farming? Contract farming is defined as agricultural production carried out unde...

tractorgyan offeringsTractorGyan Offerings

POPULAR SECOND HAND TRACTORSPopular Second hand Tractors

LOCATE TRACTOR DEALERS/SHOWROOMLocate Tractor Dealers/Showroom