Mahindra’s Farm Equipment Sector sells 26,958 units in India during March 2018, grows by 50%

Mahindra & Mahindra, the world's largest tractor maker in terms of volumes registered 50% growth in sales for tractors in March with dispatches of 26,958 units, as against 17,973 units during March 2017.The total tractor sales (domestic + exports) during March 2018 were at 28,277 units, as against 19,337 units for the same period last year. Exports for the month stood at 1,319 units.Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “In full year FY 18, we have sold over 3 lakh tractors in India setting a new benchmark. The domestic sales in March 2018 were at 26,958 tractors with a growth of 50% over the same month last year. We have seen a good momentum in Q4 and hope to see it continue next year too. In the exports market, we have sold 1,319 tractors.”

from The Economic Times https://ift.tt/2H2JYRd