Published By : Khetigaadi Team 65
Mahindra Farm Equipment Sector (FES) tractor domestic deals are accounted for at 23,539 units, down 17 percent from 28,199 units sold during May 2018. All out tractor deals (Domestic + Export) during May 2019 remained at 24,704 units, down from 29,330 units sold in May 2018. Market overseas for the month remained at 1,165 units, up barely at 3 percent from 1,131 units sold in May 2018.
Rajesh Jejurikar, President – Farm Equipment Sector, Mahindra and Mahindra Ltd. stated, "We have sold 23,539 tractors in the residential market during May 2019. The tractor request has been lower than anticipated in the long stretch of May. We trust that a solid push by the Government on agricultural activities combined with a close ordinary rainstorm estimate by IMD would help the tractor request sooner rather than later. In the market overseas, we have sold 1,165 tractors, a development of 3% over May 2018."
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