Mahindra Tractors Sells 16,452 Units in India during July 2016

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Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 17.8 billion Mahindra Group, today announced its tractor sales numbers for July 2016.

Domestic sales in July 2016 were at 16,452 units, as against 14,273 units during July 2015. Total tractor sales (domestic + exports) during July 2016 were at 17,553 units, as against 15,460 units for the same period last year. Exports for the month stood at 1,101 units.

Commenting on the month’s performance, Rajesh Jejurikar, President and Chief Executive – Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We have sold 16,452 tractors in the domestic market during July 2016, with a growth of 15% over July 2015. With normal rainfall and its improved spread across India in the month of July, Kharif sowing has been more than last year. We hope for an improved agricultural output and tractor demand in the future. In the exports market, we sold 1,101 tractors during July 2016.”

July Cumulative July
F16 F17 %Change F16 F17 %Change
Domestic 14273 16452 15% 73423 88101 20%
Exports* 1187 1101 -7% 4395 4047 -8%
Total 15460 17553 14% 77818 92148 18%

*Exports include CKD