Mahindra Tractors sells 17,682 units in India during July 2017

Mumbai, August 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 July 2017.

Domestic sales in July 2017 were at 17,682 units, as against 16,452 units during July 2016. Total tractor sales (domestic + exports) during July 2017 were at 18,832 units, as against 17,553 units for the same period last year. Exports for the month stood at 1,150 units.

Commenting on the month’s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 17,682 tractors in the domestic market during July 2017, a growth of 7% over last year. With a good spread of the monsoon followed by kharif sowing which has been greater than the previous year, we expect the positive sentiment to continue during this season and boost tractor demand. In the exports market, we sold 1150 tractors.”

  FARM EQUIPMENT SECTOR
  July Cumulative July
  F17 F18 %Change F17 F18 %Change
Domestic 16452 17682 7% 88101 98860 12%
Exports 1101 1150 4% 4047 4505 11%
Total 17553 18832 7% 92148 103365 12%

*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

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