Mahindra tractor sales report 18 pc growth in February

Tags: News
Mahindra Group's tractor arm today reported an 18 per cent growth in sales at 17,592 units in February, driven by a favourable monsoon and higher minimum support prices.

The company had sold 14,861 units in February 2013, it said in a release here.

The domestic sales grew 19 per cent to 16,552 units as against 13,944 a year ago.

The exports also logged a 13 per cent growth at 1,040 units, compared with 917 units shipped out in February 2013.

"Tractor demand for the current fiscal till date has been robust due to a favourable monsoon and higher minimum support prices," Mahindra & Mahindra chief executive for Tractor and Farm Mechanisation Rajesh Jejurikar said.

The shortage of labour at farms has given a boost to mechanisation, resulting in higher demand for tractors, he said, adding, "we have achieved a cumulative domestic growth of 23 per cent till February."


  • Modi must clearly say that preservation of cows is not about manslaughter

    Instead of in-fighting between hindus and muslims, India should fight poverty and maintain its values of diversity and tolerance, as advised by Presid


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Urs Schoettli

America lacks will to contain China

Recently both the Chinese leader Xi Jinping and Indian prime ...

Zehra Naqvi

Exercise gets creative juices flowing

Ever known that feeling of being sluggish and drowsy, of ...

Bubbles Sabharwal

You are what you believe yourself to be

The Gita says a man is what his shraddha is. ...


William D. Green

Chairman & CEO, Accenture