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Mahindra Tractors sells 20,819 units in India during November 2015

Mahindra & Mahindra Ltd. Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, announced its sales numbers for November 2015.

Domestic sales in November 2015 stood at 20,819 units, as against 14,207 - units during November 2014. Total tractor sales (domestic + exports) during November 2015 stood at 21,717 units, as against 15,333 units for the same period last year. Exports for the month stood at 898 - 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 20,819 tractors in the domestic market during November 2015, which is growth of 47% over last year on the backdrop of improved sentiments due to festive season. We hope for the rural economy to steadily revive going forward. In the export market, we sold 898 tractors during November 2015.”

Source: Mahindra