News and Events

Economic Times reported that Mahindra & Mahindra Ltd today said that its tractor sales rose 24.24% to 23,626 units in May 2013, as compared to 19,016 units in the same period of previous year.

The company's domestic sales of tractors grew 24.70%, standing at 22,471 units during May 2013, as compared to 18,019 units in corresponding period previous year.

Commenting on the monthly performance, Mahindra & Mahindra Ltd Chief Executive, Tractor and Farm Mechanization, Mr Rajesh Jejurikar said that the company is happy to have achieved a consistent growth over the last 2 months which will have a positive impact on the overall tractor industry.

He said that "The prospect of a good monsoon would also add buoyancy to the farmers' morale and lead to a stronger growth for the overall agricultural sector.”

Source - Economic Times