Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.2 billion Mahindra Group, today announced its tractor sales numbers for September 2013 which stood at 25,922 units in the domestic market, as against 18,908 units during September 2012, a growth of 37%. The company’s overall sales have also grown by 33%, standing at 26,637 units during September 2013 with exports at 715 units.
Speaking on the monthly performance, Rajesh Jejurikar, Chief Executive, Tractor and Farm Mechanization, Mahindra & Mahindra Ltd. said “On the back of a good monsoon, we are delighted with a 37% growth in tractor sales despite the traditionally low buying period in September. We see a healthy growth continuing over the next few months.”
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FARM EQUIPMENT SECTOR |
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September 2013 |
Cumulative September 2013 |
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|
F 13 |
F 14 |
%Change |
F 13 |
F 14 |
%Change |
|
| Domestic |
18908 |
25922 |
37% |
103358 |
128626 |
24% |
| Exports |
1177 |
715 |
-39% |
6063 |
5215 |
-14% |
| Total |
20085 |
26637 |
33% |
109421 |
133841 |
22%
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