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Mahindra Tractor Sales Shows Growth In May 2014
Mahindra Farm Equipment Sector, the country's leading seller of tractors witnessed sales of 23,132 units during the month of May in the domestic market.
The company had sold 22,471 units during the corresponding period last year. An improvement of 3 percent.
Total tractor sales, including domestic and exports, during the same month stood at 23,940 units, which is once again an improvement over the 23,626 units sold during the same month last year. Exports for the month stood at 808 units.
Commenting on the monthly performance, Rajesh Jejurikar, Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, "We have registered a sale of 23132 tractor units in the domestic market during May 2014. We do hope that the onset of monsoon would add buoyancy to the farmers' morale and lead to growth in the agricultural sector."
| May '14 | Cumulative May '14 | |||||
| F 14 | F 15 | %Change | F 14 | F 15 | % Change | |
| Domestic | 22471 | 23132 | 3% | 44667 | 43027 | -4% |
| Exports | 1155 | 808 | -30% | 2161 | 1644 | -24% |
| Total | 23626 | 23940 | 1% | 46828 | 44671 | -5% |
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