Mahindra farm equipment sector sells 21,046 units in India during November
Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, today announced its tractor sales numbers for November 2017.
Domestic sales in November 2017 were at 21,046 units, as against 15,918 units during November 2016. Total tractor sales (domestic + exports) during November 2017 were at 22,754 units, as against 17,262 units for the same period last year. Exports for the month stood at 1,708 units, read a statement issued by the company.
Commenting on the month's performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, "We have sold 21,046 tractors in the domestic market during November 2017, a growth of 32% over last year.
Agri economy has experienced healthy monsoon, higher kharif production and improved MSPs. We expect the positive demand sentiment to continue. In the exports market, we sold 1,708 tractors with a growth of 27% over November 2016."
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