Mahindra total tractor sales up 7% in August

Domestic tractor sales up 9% at 13,543 units during the month as against 12,394 units in the year-ago month

Press Trust of India New Delhi
Last Updated : Sep 02 2013 | 4:55 PM IST
Mahindra & Mahindra Ltd's Farm Equipment Sector (FES) today reported 7% increase in total tractor sales at 14,158 units in August this year as against 13,234 in the same month last year.

Domestic tractor sales were up 9% at 13,543 units during the month as against 12,394 units in the year-ago month, the company said in a statement.

Exports during the month stood at 615 units, down 27% from 840 units in August last year, it added.

Commenting on the monthly performance, Mahindra & Mahindra Ltd Chief Executive, Tractor and Farm Mechanisation Rajesh Jejurikar said: "We believe the kharif sowing having crossed the 1,000 lakh hectare mark, normal monsoons and prospects of the approaching festive season are clear indicators of stronger growth for the overall agricultural sector in the coming months."
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 02 2013 | 4:52 PM IST

Next Story