Auto companies show signs of recovery, increase dispatches by 13%

Tractor sales also increased with largest tractor seller Mahindra & Mahindra selling 18 per cent more farm equipment indicating that a good monsoon was driving the rural economy

Automobile manufacturers showed significant signs of recovery as they dispatched 13 per cent more vehicles to dealers in September as compared to the same period last year.
 
Tractor sales also increased, with largest tractor player Mahindra & Mahindra (M&M) selling 18 per cent more farm equipment — indicating that a good monsoon is driving the rural economy.
 
“Retail demand continued to be buoyant backed by a very good monsoon, higher kharif acreage, and continued government support, including higher minimum support prices for key crops. We are looking forward to a robust demand for the festive season ahead,” said