Mahindra & Mahindra Ltd. announced its tractor sales numbers for November 2021.
Domestic sales 26094 units in November 2021 as compare “31619 units” in November 2020.
Total tractor sales (Domestic & Exports) in November 2021 27681 units, as compare 32726 units in last year. Exports for the month stood at 1587 units.
Mahindra & Mahindra Ltd. President of Fram Equipment Sector “Hemant Sikka said, “We have sold 26094 tractors in the domestic market in November 2021. Degrowth over November 2020 is due to high base of last year and incessant rains in some states. Rural sentiments continue to remain positive on account of good Rabi sowing and high reservoir levels. Escalation in procurement for Kharif crop will bring steady cash flows, which is expected to boost tractor demand going forward. In the exports market, we have sold 1587 tractors, a growth of 43% over last year.”