“The prospect of a good monsoon would also add buoyancy to the farmers’ morale and lead to a stronger growth for the overall agricultural sector,” M&M Chief Executive, Tractor and Farm Mechanisation, Rajesh Jejurikar said
Mahindra & Mahindra’s (M&M) tractor sales rose 24.24% to 23,626 units in May 2013 compared with 19,016 units in the corresponding period of last year. Domestic sales of tractors grew 24.7 per cent to 22,471 units from 18,019 units.
Commenting on the monthly performance, Mahindra & Mahindra Chief Executive, Tractor and Farm Mechanisation, Rajesh Jejurikar, said the company is happy to have achieved a consistent growth over the last two months which will have a positive impact on the overall tractor industry.
“The prospect of a good monsoon would also add buoyancy to the farmers’ morale and lead to a stronger growth for the overall agricultural sector,” he added.
The company said its tractor exports rose 15.84% to 1,155 units last month against 997 units in the same period last year.
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