Farm
Witnesses a growth of 28%
Mumbai, August 1, 2020: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19.4 billion Mahindra Group, today announced its tractor sales numbers for July 2020.
Domestic sales in July 2020 were at 24,463 units, as against 19,174 units during July 2019.
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.
FARM EQUIPMENT SECTOR (FD+SD+Gromax) | ||||||
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% |
*Exports include CKD
About Mahindra
The Mahindra Group is a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise