Tuesday, April 21, 2020

Mahindra & Mahindra tractor sales rise 3 pc at 17,990 in Dec

Mahindra & Mahindra tractor sales rise 3 pc at 17,990 in Dec




New Delhi: Mahindra & Mahindra on Wednesday reported 3 percent increase in total tractor sales in December at 17,990 units.
The company had sold 17,404 units of the tractor in December 2018, M&M said in a statement.
Domestic tractor sales were at 17,213 units last month as compared to 16,510 units in December 2018, a growth of 4 percent, it added.
Exports were at 894 units as against 777 units in the same month previous year, down 13 percent.
Commenting on the sales performance, M&M President – Farm Equipment Sector Rajesh Jejurikar said, “tractor demand looks positive in the near term led by the expectation of a better Rabi output, supported by crop prices and government thrust on irrigation, rural infra and Agri sector.

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