Mahindra Farm Equipment Business Reports Robust Growth of 35% in Domestic Market; Sells 32,153 Tractors in February 2026
Farm
Mumbai, March 01, 2026: Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB), part of the Mahindra Group, today announced its tractor sales numbers for February 2026.
Domestic sales in February 2026 were at 32,153 units, as against 23,880 units in February 2025, reflecting a 35% year-on-year growth.
Total tractor sales (Domestic + Exports) during February 2026 were at 34,133 units, as against 25,527 units for the same period last year. Exports for the month stood at 1,980 units which was a growth of 20%.
Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra Ltd. said, “We have sold 32,153 tractors in the domestic market during February 2026 registering a robust growth of 35% over last year. Robust growth in the rabi sowing area, healthy reservoir levels, favourable kharif harvest is strengthening cash flows in rural markets. These positive sentiments along with Navratri in this month, will help boost tractor demand. In the exports market, we have sold 1,980 tractors, a growth of 20% over last year.”
| Farm Equipment Sector Summary | ||||||
|---|---|---|---|---|---|---|
| February | YTD February | |||||
| F26 | F25 | % Change | F26 | F25 | % Change | |
| Domestic | 32153 | 23880 | 35% | 462527 | 374512 | 24% |
| Exports | 1980 | 1647 | 20% | 18841 | 15195 | 24% |
| Total | 34133 | 25527 | 34% | 481368 | 389707 | 24% |
*Exports include CKD
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 3,24,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/newsroom
Media contact information
Nayana Borthakur
Head – Communications
Automotive & Farm Sector (Corporate)
Mahindra & Mahindra Limited
Email – [email protected]
