Mahindra Farm Equipment Sector sells 16,671 units in India during December 2017

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Registers 32% domestic growth for the month

Mumbai, January 2, 2018: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, today announced its tractor sales numbers for December 2017.

Domestic sales in December 2017 were at 16,671 units, as against 12,619 units during December 2016. Total tractor sales (domestic + exports) during December 2017 were at 18,288 units, as against 14,047 units for the same period last year. Exports for the month stood at 1,617 ­­units.

Commenting on the month’s performance, Rajesh Jejurikar, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 16,671 tractors in the domestic market during December 2017, a growth of 32% over last year. With the healthy reservoir levels and good progress on rabi sowing, we expect the growth momentum to continue in the coming months. In the exports market, we sold 1,617 tractors, a growth of 13% over December 2016.”