Mahindra tractor sales up 7.29% at 18,832 units in July

Home-grown auto major Mahindra and Mahindra today reported 7.29 per cent increase in total tractor sales at 18,832 units in July this year.
The company had sold 17,553 units in the same month last year, Mahindra and Mahindra said in a statement.
Domestic sales were at 17,682 units as against 16,452 units in the year-ago month, up 7.48 per cent, it added.
Exports during the month stood at 1,150 units as against 1,101 units in the same month last year, a growth of 4.45 per cent, the company said.
Commenting on the sales performance, Mahindra and Mahindra President Farm Equipment Sector Rajesh Jejurikar said: "With a good spread of the monsoon followed by kharif sowing which has been greater than the previous year, we expect the positive sentiment to continue during this season and boost tractor demand.