& Mahindra Ltd.’s Farm Equipment Sector (FES) announced its tractor sales
numbers for August 2019. Domestic sales in August 2019 were at 13,871 units, as
against 16,375 units during August 2018. The sales dropped by 15.29pc.
tractor sales (domestic + exports) during August 2019 were at 14,817 units, as
against 17,785 units for the same period last year. Exports for the month stood
at 946 units.
Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra Ltd.
said, “We have sold 13,871 tractors in the domestic market during August 2019.
The improved monsoon spread and sowing pattern for the Kharif crop is likely to
help boost rural sentiment going into the festive season. The recently
announced fiscal measures by the Government may also provide the necessary
stimulus for tractor demand uptick. In the exports market, we have sold 946
Farm Equipment Sector
*Exports include CKD
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