Tractor sales continued to grow in due to several factors such as the timely arrival of the south west monsoon, record Rabi crop, government support for agri initiatives among others.
A part of the $19.4 billion Mahindra Group's, Mahindra & Mahindra Ltd’s Farm Equipment Sector (FES) domestic sales in June saw a surge of 12 per cent to 35,844 units, as against 31,879 units sold during June 2019.
Hemant Sikka, president of Farm Equipment Sector for Mahindra & Mahindra Ltd, said this was his company's second highest June sales ever.
The timely arrival of the south west monsoon, combined benefits