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Mahindra’s tractor sales grow 28% in July’20

Mahindra and Mahindra’s Farm Equipment Sector has sold 24,463 tractors in domestic market in July 2020 as against 19,174 units during July 2019

Mahindra’s tractor sales grow 28% in July’20

Registering a 28 percent growth, Mahindra and Mahindra’s Farm Equipment Sector (FES) has sold 24,463 tractors in domestic market in July 2020 as against 19,174 units during July 2019, the India’s largest tractor manufacturing company has said in a statement Saturday.

Total tractor sales — domestic + exports — during July 2020 were at 25,402 units, as against 19,992 units for the same period last year.

Exports for the month stood at 939 units as against 818 tractors sold in the corresponding month last year.

Mahindra’s tractor sales in July

 

July

 

 

Cumulative July

 

F20

F21

%Change

F20

F21

%Change

Domestic

19174

24463

28%

102087

89040

-13%

Exports

818

939

15%

4255

2019

-53%

Total

19992

25402

27%

106342

91059

-14%




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