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Mahindra Tractors sells 14,776 units in India during January 2017

Mahindra Tractors sells 14,776 units in India during January 2017

| | 01 Feb 2017, 04:58 pm
Mumbai, Feb 1 (IBNS): Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 17.8 billion Mahindra Group,on Wednesday announced its tractor sales numbers for January 2017.

Domestic sales in January 2017 were at 14,776 units, as against 14,402 ­­units during January 2016. Total tractor sales (domestic + exports) during January 2017 were at 15,909 units, as against 15,065 units for the same period last year. Exports for the month stood at 1,133 ­­­­units.


Commenting on the month’s performance, Rajesh Jejurikar, President& Chief Executive - Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We have sold 15,909 tractors during January 2017 with a growth of 6% over last year. We expect that positive environmental factors in terms of higher Rabi sowing and better MSPs will drive the demand in coming months. We sold 14,776 tractors and 1,133 tractors in the domestic and export markets respectively”.

 

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