Mahindra and Mahindra has reported a huge jump in Tractor sales this year, selling 30,191 units in June.The company had sold 25,090 units in the same month last year.
Homegrown auto major Mahindra and Mahindra today reported a 20.33 per cent increase in total tractor sales at 30,191 units in June.
The company had sold 25,090 units in the same month last year.
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Exports during the month increased by 17 per cent to 1,394 units compared with 1,191 units in the same month a year ago, it added.
Commenting on the sales outlook, M&M President and Chief Executive Farm Equipment and Two-wheeler Division Rajesh Jejurikar said: “Expectations of good monsoon coupled with higher MSPs (minimum support prices of crops) will drive sentiment thus positively impacting tractor demand.”
