Companies

Mahindra & Mahindra tractor sales rise 3% at 17,990 in December

PTI New Delhi | Updated on January 01, 2020 Published on January 01, 2020

tractor-monsoon

Mahindra & Mahindra on Wednesday reported 3 per cent increase in total tractor sales in December at 17,990 units.

The company had sold 17,404 units of 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 December 2018, a growth of 4 per cent, it added. Exports were at 894 units as against 777 units in the same month previous year, down 13 per cent.

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.”

Published on January 01, 2020
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