The company registered exports stood at 1587 units in November 2021
Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), part of the Mahindra Group, announced its tractor sales numbers for November 2021. The domestic sales in November 2021 were at 26094 units, as against 31619 units during November 2020. Total tractor sales (Domestic + Exports) during November 2021 were at 27681 units, as against 32726 units for the same period last year. Exports for the month stood at 1587 units.
Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra said, “We have sold 26094 tractors in the domestic market during November 2021. De-growth over November 2020 is due to the 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 crops 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 per cent over last year.”
