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Mahindra’s Farm Equipment Sector Sells 24,463 Units in India during July 2020

Domestic sales in July 2020 were at 24,463 units, as against 19,174 units during July 2019.

Witnesses a growth of 28%

Mumbai, August 1, 2020: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), a part of the USD 19.4 billion Mahindra Group, today announced its tractor sales numbers for July 2020.

Domestic sales in July 2020 were at 24,463 units, as against 19,174 units during July 2019.

Total tractor sales (Domestic + Exports) during July 2020 were at 25,402 units, as against 19,992 units for the same period last year.

Exports for the month stood at 939 units.

FARM EQUIPMENT SECTOR (FD+SD+Gromax)
  July Cumulative July
  F20 F21 %Change F20 F21 %Change
Domestic 19174 24463 28% 102087 89040 -13%
Exports 818 939 15% 4255 2019 -53%
Total 19992 25402 27% 106342 91059 -14%

*Exports include CKD

About Mahindra

The Mahindra Group is a USD 19.4 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 2,56,000 people across 100 countries.

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

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