Mahindra Tractors sells 10,751 units in India during August 2015

Mumbai, September 1, 2015: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 16.9 billion Mahindra Group, today announced its sales numbers for August 2015.

Domestic sales in August 2015 stood at 10,751 units, as against 13,733 units during August 2014. Total tractor sales (domestic + exports) during August 2015 stood at 11,699 units, as against 15,006 units for the same period last year. Exports for the month stood at 948 units.

Commenting on the month’s performance, Rajesh Jejurikar, President & Chief Executive - Farm Equipment and Two Wheeler Division, Mahindra & Mahindra Ltd. said, We sold 10,751 tractors in the domestic market during August 2015. While monsoon has reported 12% deficient so far, we are hopeful that improved rainfall in the remaining period would infuse positive sentiment for the coming season. In export markets, we sold 948 tractors.

 

FARM EQUIPMENT SECTOR

 

Aug

Cumulative Aug

 

F15

F16

%Change

F15

F16

%Change

 

 

 


 

 


Domestic

13733

10751

-22%

102032

84174

-18%

 

 

 


 

 


Exports

1273

948

-26%

4936

5343

8%

 

 

 

 

 

 

 

Total

15006

11699

-22%

106968

89517

-16%

*Exports include CKD units.

Other Key Releases

Shaping the future

From solar lamps and water jugs and even prosthetic limbs, 3D printing has the potential to drive positive change in the lives of people everywhere. The Mahindra Group has now designed and implemented a pilot project to bring its benefits to semi-urban and rural India.

Back at it!

2016 has gone down in history as Mahindra Racing's most successful Moto3™ World Championship campaign to date. Goals were achieved and surpassed, causing the bar to constantly raise as the season progressed.

Reinventing supply chain

Mahindra partners with IBM to develop cloud-based Block Chain application, one of the first projects of its kind in India outside of traditional banking.