Punjab Tractors sales up by 74% in June

"Sales at Punjab Tractors Limited have shown a dramatic improvement in 2009, compared to the previous year because of major efforts made in the last fiscal in terms of streamlining the distribution system, rationalising trade stock levels and initiating steps to vigorously promote the Swaraj brand.  The increased participation by Mahindra & Mahindra Financial Services Limited in retail financing of Swaraj tractors has also helped to mitigate the uncertainty of bank credit during this quarter," said Anjanikumar Choudhari