Mahindra & Mahindra Ltd.’s Farm Equipment
Sector (FES), part of the Mahindra Group, recorded domestic sales of 39405
units in April 2022, as against 26130 units during April 2021.
Total tractor sales (Domestic + Exports)
during April 2022 were at 40939 units, as against 27523 units for the same
period last year. Exports of tractors
for the month stood at 1534 units.
after achieving new peaks in FY’22, Sonalika Tractors
has registered its highest ever April month overall sales of 12,328 tractors,
powered by best ever April’s domestic performance of whopping 43.5% growth and
beaten industry growth (est. 41%).
Tractors is the brand of International Tractors Ltd based in Punjab’s
Hoshiarpur district. April domestic sales stood at 10,217 tractors, an increase
of 43.5% over the 7,122 domestic tractor sales recorded in the April’21.
Farm Equipment Sector Summary - April 2022
*Exports include CKD
BorgWarner has clinched an agreement with a major North American OEM to supply its bi-directional 800V Onboard Charger (OBC) for the automaker’s premium passenger vehicle battery electric vehicle (BEV...
Uno Minda, a leading tier 1 supplier of proprietary automotive solutions to original equipment manufacturers (OEMs), has unveiled an innovative range of side stand sensors and switches that use advanc...
As the adoption of electric vehicles (EVs) continues to grow, Honeywell has created innovative solutions to address safety concerns across the spectrum of EV manufacturing and use.