Mahindra Tractor Sales Report for August 2022: 20,138 Units Sold

Tractor Sales Report August 2022 was released by Mahindra & Mahindra. In the domestic market, the company sold 20,138 units in August 2022, compared to 19,997 units in August 2021. Domestic tractor sales statistics for 2022 show a 1% increase. In the Exports market, Mahindra Tractor Sales Report August 2022 also shows a 1% increase. As a result, the company sold 1,382 units in the Exports market in August 2022, compared to 1,363 units in August 2021.

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In addition, Mahindra & Mahindra announced Year to Date Tractor Sales Figures 2022.

In 2022, the company sold 1, 55,205 units, compared to 1, 41,614 units in 2021 in the domestic market. Domestic tractor sales statistics for 2022 show a 10% increase. On the other hand, Mahindra Year to Date Tractor Sales Report 2022 shows an 18% increase in the Exports market. As a result, the company sold 8,131 units in the Exports market in 2022, up from 6,904 units in 2021.

"We sold 20,138 tractors in the domestic market during August 2022, a 1% increase over last year," Hemant Sikka (President - Farm Equipment Sector, Mahindra & Mahindra Ltd) said. The monsoon has been overall positive, with 8% more rain than LPA, but the spatial distribution has been deficient in key paddy states of eastern India, affecting paddy sowing. We believe that tractor purchases on auspicious days during the holiday season will lead to a revival in demand as farmers begin harvesting operations. We are preparing for high tractor demand during the holiday season. We sold 1,382 tractors in the export market, a 1% increase over last year."

Mahindra Tractor Sales Report 2022: 1382 export tractors sold

It was an odd coincidence that Mahindra sold only 1% more tractors in the export market than in the domestic market in August 2022. Mahindra sold 1382 tractors in the export market in August 2022, up from 1363 units sold in August 2021. Exports increased by 1%, according to these figures.

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