Mahindra Tractors sells 24,575 units in India during May 2017
Domestic sales in May 2017 were at 24,575 units, as against 22,148 units during May 2016. Total tractor sales (domestic + exports) during May 2017 were at 25,599 units, as against 23,018 units for the same period last year.
Exports for the month stood at 1,024 units.
Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 24,575 tractors in the domestic market during May 2017, a growth of 11% over last year. We hope that the announcement of record production estimates for major crops, coupled with higher MSP will drive positive sentiments and boost tractor demand in this season. In the exports market, we sold 1,024 tractors, a growth of 18% over May 2016.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
