July 2, 2011 — India’s major utility player Mahindra & Mahindra’s Farm Equipment Sector division has reported 37.01% jump in its total tractor sales in June to 22,730 units. The company had sold 16,590 units during the same month last year.
According to reports, domestic sales grew by 39.85% to 21,552 units as against 15,411 units in the year-ago period. It was also reported that exports during the month declined to 1,178 units from 1,179 units in the year-ago month.
M&M is among the major players in the farm equipment sector that has also been witnessing some growth.