Mahindra tractor domestic sales jump 70% in September
MUMBAI: Mahindra &
Mahindra's Farm Equipment Sector (FES) has sold 29,035 units in September 2016
in the domestic market, as against 17,052 units during September 2015.
Total tractor sales (domestic + exports) during
September 2016 were at 30,562 units, as against 18,087 units for the same period
last year. Exports for the month stood at 1,527 units.
Commenting on the month's performance, Rajesh
Jejurikar, President and Chief Executive - Farm Equipment and Two Wheeler
Division, Mahindra & Mahindra said, "In September 2016 we had a strong
growth of 70% over September 2015, with sales of 29,035 tractors in the
domestic market."
He further added, "We expect the good
momentum to continue with the upcoming festive season and the effect of a good
monsoon. In the export market, we sold 1,527 tractors with a growth of 48% over
September 2015."
Source : Mahindra
tractor domestic sales jump 70% in September