M&M tractor sales up 13% in November

Mahindra & Mahindra (M&M) today reported a 13% increase in its total sales of tractors to 23,119 units in November.

 

The company had sold 20,476 units in the same month last year, M&M said in a statement.

 

Domestic tractor sales were up 13% at 22,343 units during the month against 19,757 units a year ago.

 

Exports during the month increased by 8% to 776 units as against 719 units in November last year.

 

Commenting on the sales, M&M Chief Executive (Tractor and Farm Mechanisation) Rajesh Jejurikar said: "Following the festive season, we are happy to keep up our sales momentum with a growth of 13% in November 2013."

 

"On the back of a good monsoon, we expect the robust demand for tractors to continue during the remaining months of this financial year," he added.