Mahindra Tractors Export Increased in India during April 2015.
Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.5 billion Mahindra Group, today announced its sales numbers for April 2015.Domestic sales in April 2015 stood at 17,006 units, as against 19,895 ¬¬units during April 2014. Total tractor sales (domestic + exports) during April 2015 stood at 18,011 units, as against 20,731 units for the same period last year. Exports for the month stood at 1,005 ¬¬¬¬units, registering a growth of 20%.
Commenting on the monthly performance, Rajesh Jejurikar, President & Chief Executive, Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, “We have registered a sale of 17,006 units during April 2015. The unseasonal rains and hailstorms have adversely affected the Rabi crop output leading to negative market sentiments. At Mahindra, we have seen a positive trend in exports which have grown by 20% during April 2015.”