Connect with:
Friday / April 19. 2024

logo
mobile-logo
HomePosts Tagged "M&M"
Agrotech, India, Machinery - Pre-harvesting

From point of view of agricultural equipments, this is the first innovative experiment done by Mahindra & Mahindra

Narendra Singh Tomar, Union Agriculture and Farmers Welfare Minister inaugurated the first Greenfield Farm Machinery Plant of Mahindra & Mahindra at Pithampur in Madhya Pradesh. On this occasion, Tomar said that under the leadership of Prime Minister Narendra Modi, today India has reached a point where the world looks at us with hopeful eyes. Tomar said that to make the country fully developed, we have to be fully equipped with technology.

From the point of view of agricultural equipments, this is the first innovative experiment done by Mahindra & Mahindra. This company has also set the target of export of farm equipments. Tomar said that today the need is that India emerges as the world leader. By supplying to the world apart from meeting the domestic demand, India will develop and its reputation as a world guru will also be secured.

Tomar said that today everywhere people flaunt ‘Make in India’ products. We are Indians, it is a matter of pride for us, but when our products are appreciated, then it is a matter of even greater pride. This trend also shows the spirit with which our Prime Minister works. Tomar said that mechanisation and technology are very much needed today.

From point of view of agricultural equipments,

Machinery – Post-harvesting

Domestic sales in June 2022 were at 39825 units, as against 46875 units during June 2021

Mahindra & Mahindra Limited’s Farm Equipment Sector (FES), part of the Mahindra Group, has recently announced its tractor sales numbers for June 2022. Domestic sales in June 2022 were at 39825 units, as against 46875 units during June 2021.

Total tractor sales (Domestic + Exports) during June 2022 were at 41848 units, as against 48222 units for the same period last year. Exports for the month stood at 2023 units.

Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Limited said, “We have sold 39825 tractors in the domestic market during June 2022. With good prices for Rabi output, cash flow with farmers is good. Government’s approval on increase in MSP for all Kharif crops and forecast of a normal monsoon is very positive for a bumper Kharif crop. Though Kharif sowing is lagging in the first fortnight of the season than last year due to deficient rainfall in key kharif states, further advancement of Southwest monsoons across the country brings in positive sentiments and is likely to boost the tractor demands in the coming months. In the exports market, we have sold 2023 tractors with a growth of 50 per cent over last year”.

Farm Equipment Sector Summary – June 2022
 JuneYTD June
 F23F22%ChangeF23F22%Change
Domestic3982546875-15%1133839584818%
Exports2023134750%5126408126%
Total4184848222-13%1185099992919%

Domestic sales in June 2022 were at 39825 units,