Login

Mahindra Tractor Sales Up By 17 Per Cent In September 2020

In August 2020, Mahindra had sold 24,458 units and at 43,386 units, it has recorded a good month-on-month (MoM) growth of 77.38 per cent.
Calendar-icon

By Shubham Parashar

clock-icon

1 mins read

Calendar-icon

Published on October 2, 2020

Follow us on

google-news-iconWhatsapp-icon
Story

Highlights

  • Mahindra has recorded an overall growth of 17 per cent in tractor sales
  • Its sales in the domestic market went up by 18 per cent in September 2020
  • Mahindra's tractor exports increased by 6 per cent last month

Mahindra recorded an overall growth of 17 per cent in tractor sales in September 2020 selling 43,386 units as compared to 37,011 units which were sold in the same period last year. The company sold 42,361 units in the domestic market last month which is an uptick of 18 per cent when compared to 36,046 units which were sold in the same month a year ago. Mahindra's tractor exports in the month of September went up by 6 per cent at 1,025 units as against 965 units which were exported in September last year.

Also Read: Car Sales September 2020: Mahindra Records Growth Of 4 Per Cent In Passenger Vehicle Sales

mahindra tractor business erkunt traktor turkey

(Mahindra tractor sales in the domestic market went up by 18 per cent.

Commenting on the performance, Hemant Sikka, President, Farm Equipment Sector- Mahindra & Mahindra said, "We have sold 42,361 units in the domestic market in September 2020, a growth of 18 per cent over last year. Retail demand continued to be buoyant backed by a very good monsoon, higher kharif acreage and continued government support, including higher MSPs for key crops. We are looking forward to a very robust demand for the festive season ahead. In the exports market, we have sold 1,025 tractors, a growth of 6% over last year."

Also Read: New-Generation Mahindra Thar Launch: Price Expectation

mahindra tractor

Mahindra's tractor exports went up by 6 per cent.

However, the numbers have improved significantly over the months. In August 2020, Mahindra had sold 24,458 units and at 43,386 units, it has recorded a healthy month-on-month (MoM) growth of 77.38 per cent. Despite the coronavirus crisis, in June 2020, farm equipment sales went up by 10 per cent to 36,544 units and in July it recorded an uptick of 27 per cent in July 2020 at 25,402 units.

Calendar-icon

Last Updated on October 2, 2020


Stay updated with automotive news and reviews right at your fingertips through carandbike.com's WhatsApp Channel.

Great Deals on Used Cars

View All Used Cars

Popular Mahindra Models

Explore More