Mahindra Tractor Sales Report September 2022- 21% Increase In Domestic Sales
In August 2022, Mahindra's Farm Equipment Sector sells 20,138 units in India. Mahindra & Mahindra released the Tractor Sales Report on October 3, 2022. In the domestic market, the company sold 47,100 units in September 2022, compared to 39,053 units in September 2021. Domestic tractor sales statistics for 2022 show a 21% increase.
In August 2022, Mahindra's Farm Equipment Sector sells 20,138 units in India
Domestic Mahindra Tractor Sales
Mahindra & Mahindra released the Tractor Sales Report on October 3, 2022. In the domestic market, the company sold 47,100 units in September 2022, compared to 39,053 units in September 2021. Domestic tractor sales statistics for 2022 show a 21% increase.
Export of Mahindra Tractor
On the other hand, Mahindra Tractor Sales Report September 2022 shows a 26% increase in the Exports market. In September 2022, the company sold 1613 units in the Exports market, compared to 1278 units sold in September 2021.
Mahindra Tractor Sales in September 2022
|
2022 |
2021 |
% Change |
Domestic |
47,100 |
39,053 |
21% |
Exports |
1,613 |
1,278 |
26% |
Total |
48,713 |
40,331 |
21% |
In addition, Mahindra & Mahindra announced Year to Date Tractor Sales Figures 2022. In 2022, the company sold 2,02,305 units in the domestic market, compared to 1,80,667 units in 2021. Domestic tractor sales statistics for 2022 show a 12% increase. On the other hand, Mahindra Year to Date Tractor Sales Report 2022 shows a 19% increase in the Exports market. As a result, the company sold 9,744 units in the Exports market in 2022, up from 8,182 units in 2021.
Read more: Let's Know About Mahindra NOVO Tractor Models
Year-to-Date Mahindra Tractor Sales in India
|
Year to Date 2022 |
Year to Date 2021 |
% Change |
Domestic |
2,02,305 |
1,80,667 |
12% |
Exports |
9,744 |
8,182 |
19% |
Total |
212049 |
188849 |
12% |
Hemant Sikka’s Comment On Performance
"We sold 47,100 tractors in the domestic market during September 2022, a 21% increase over last year," said Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. This is our HIGHEST EVER monthly sale. Due to the festive boost, demand remained strong throughout the month and is expected to remain so in October. With the Kharif crop harvest beginning soon and crop prices remaining stable, the mood is upbeat. The above-average monsoon has increased reservoir levels, resulting in high moisture content in the soil, which is very promising for increased food grain production during the upcoming Rabi season. We sold 1613 tractors in the export market, a 26% increase over last year."
About Mahindra
The Mahindra Group, founded in 1945, is one of the world's largest and most admired multinational conglomerates, employing 260,000 people in over 100 countries. It is the world's largest tractor company by volume and holds a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is well-known in the fields of renewable energy, agriculture, logistics, hospitality, and real estate.
Read more: Mahindra SP Tractor Series- 2022, Specifications, Prices, & Features
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