Mahindra tractor sales rise 17% in Oct.

Total sales stood at 47,376 units

November 02, 2018 09:30 pm | Updated 09:30 pm IST - MUMBAI

A worker cleans a Mahindra tractor outside its showroom on the outskirts of Jammu November 28, 2013. Tractor sales in India rose nearly 29 percent in October from a year earlier, reaching a record high of 94,227 units. REUTERS/Mukesh Gupta (INDIAN-ADMINISTERED KASHMIR - Tags: BUSINESS TRANSPORT)

A worker cleans a Mahindra tractor outside its showroom on the outskirts of Jammu November 28, 2013. Tractor sales in India rose nearly 29 percent in October from a year earlier, reaching a record high of 94,227 units. REUTERS/Mukesh Gupta (INDIAN-ADMINISTERED KASHMIR - Tags: BUSINESS TRANSPORT)

Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) has reported 17% growth in overall tractor sales in October 2018 against the same month last year.

Domestic sales in October 2018 were at 46,312 units, as against 39,516 units during October 2017, up 17%. Total tractor sales (domestic and exports) during October 2018 were at 47,376 units, as against 40,562 units for the same period last year, up 17%. Exports for the month stood at 1,064 units as against 1,046, up 2%.

Rajesh Jejurikar, president, Farm Equipment Sector, M&M, said, “In the domestic market demand gained momentum with the onset of the festival season. All our plants operated at full capacity, to help us meet the festive demand.”

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