& Mahindra Ltd.’s Farm Equipment Sector (FES), noted that domestic sales of
tractors in July 2019 were at 19,174 units, as against 21,574 units during July
2018. This resulted in a 11 per cent drop in sales. Total tractor sales
(domestic + exports) during July 2019 were at 19,992 units, as against 22,679
units for the same period last year. Exports for the month stood at 818 units.
Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd.
said, “We have sold 19,174 tractors in the domestic market during July 2019. We
hope that the spread of monsoon, government initiatives to increase rural
incomes through farm & non-farm sources and an overall improvement in
liquidity will spur improvement in tractor demand during the second half of the
year. In the export market, we have sold 818 tractors.”
Farm Equipment Sector
*Exports include CKD
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