During April 2016, Mahindra Tractors Sells 20,704 Units in India.

Mumbai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, announced its sales numbers for April 2016.

In April 2016, Domestic sales were at 20,704 units, as against 17,006 units during April 2015. Exports for the month stood at 682 units. Total tractor sales (domestic + exports) during April 2016 were at 21,386 units, as against 18,011 units for the same period last year.

Rajesh Jejurikar is a President and Chief Executive of Farm Equipment and Two Wheeler Division at Mahindra & Mahindra Ltd.

“We have sold 20704 tractors in the domestic market during April 2016, which is a growth of 22% over the previous year. With the announcement of a normal monsoon forecast for this year, we hope improved market sentiments would drive the demand in the next few months. In the export market, we sold 682 tractors during April 2016," said Rajesh Jejurikar, while commenting on the month’s performance.

Source:http://economictimes.indiatimes.com/