Mahindra and Mahindra Ltd. Farm Equipment Sector (FES), a portion of the Mahindra Group, declared its tractor sales projections for July 2021, demonstrating a strong development in the impending season.
Domestic deals in July 2021 were at 25,769 units, as against 24,463 units during June 2020. In the International market.
Complete Mahindra Tractor sales (Domestic + international) during July 2021 were at 27,229 units, as against 25,402 units for a similar period last year. As a result, Mahindra exports data stood up by 1460 units for the month.
Remarking on the presentation, Hemant Sikka, President - Farm Equipment Sector, Mahindra and Mahindra Ltd., said, "We have sold 46875 work vehicles in the domestic sales during June 2021 with a development of 31% over last year.
The sharp fall in Covid-19 cases and ultimately helped by related limitations, the appearance of convenient rains, expansion in MSP rates for essential Kharif crops and proceeded with solid Government backing to all agri exercises is giving an imposing force to farm tractor demand. However, we remain optimistic about rainstorms and tractor demand in the coming months. We are hoping for a tremendous demand for Mahindra 575, 475 DI, Yuvraj, Mahindra 275 tractors and more in the future.
About Mahindra & Mahindra Company
Mahindra company builds, improvises and charges ahead to redefine possibilities. They are enablers. Mahindra company has an excellent presence in many countries and sells tractors with an increasing number every year, only for one purpose - Rise. Their services in critical industries create the foundation of every modern economy. Mahindra is an empowering enterprise across sectors and borders with accessories that will drive them towards growth.
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