Tractor industry updates April 2019 * Mahindra and Mahindra Ltd.’s. Farm Equipment Sector (FES) declared its tractor deals numbers for April 2019. Mahindra & Mahindra domestic tractor sale decreases by 8% by selling 27495 units in April 2019 against 29884 units in a similar period a month ago. By exporting 1,057 tractors M&M shows 2% growth in April 2019 over April 2018″. * The Indian tractor industry witnessed the double digit development for the third sequential year in monetary year 2018-2019, however, the pace was slowest over the most recent three years. In FY’19 tractor sales developed by 10.24 percent at 878,476 units compared with 20.52 percent and 15.74 percent in FY’18 and FY’17 individually. On a yearly premise the development rate was nearly split in FY’19 over FY’18. The development was damaged because of weak sentiment in later piece of the year as deals slipped into negative in February and March 2019 on year-on year (yoy). This resulted into the final quarter execution posting a year on year decay of 5.78 percent. #tractor #tractorindustry #agriculture About Khetigaadi: World’s first and only destination for Tractor & Farm Mechanisation equipment. Experience an Easy, convenient and hassle-free platform to buy, sell & rent Tractors & agriculture implements on a click. The key objective of Khetigaadi.com is to educate and empower the farming community with the right technology for better efficiency and financial savings. also, the farmer can check tractor video, Agriculture video for more information about the tractor, implement, agriculture and farming. Follow us on:
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