Mahindra Tractors sells 15,246 units in India during August 2017

Mumbai, September 1, 2017: Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD 19 billion Mahindra Group, today announced its tractor sales numbers for August 2017.

Domestic sales in August 2017 were at 15,246 units, as against 12,327 units during August 2016. Total tractor sales (domestic + exports) during August 2017 were at 16,516 units, as against 13,543 units for the same period last year. Exports for the month stood at 1,270 units.

Commenting on the month's performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, "We have sold 15,246 tractors in the domestic market during August 2017, a growth of 24% over last year. With the normal monsoon received in the country till date, we are hopeful that it will boost the agricultural output leading to improved tractor demand in the festive months. In the exports market, we sold 1270 tractors."

  FARM EQUIPMENT SECTOR
  Aug Cumulative Aug
  F17 F18 %Change F17 F18 %Change
Domestic 12327 15246 24% 100428 114106 14%
Exports 1216 1270 4% 5263 5775 10%
Total 13543 16516 22% 105691 119881 13%

*Exports include CKD

About Mahindra

The Mahindra Group is a USD 19 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise

Media contact information:
Mohan Nair
Vice President (Communications)
Mahindra & Mahindra Ltd.
Office Direct Line – + 91 22 28468510
Office Email Address – nair.mohan@mahindra.com

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.