Mechanization and Technology

Mahindra’s Farm Equipment Sector Sells 33,113 Units in India during May 2023

01 June 2023, Mumbai: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) today announced its tractor sales numbers for May 2023.

Domestic sales in May 2023 were at 33,113 units, as against 34,153 units during May 2022.

Total tractor sales (Domestic + Exports) during May 2023 were at 34,126units, as against 35,722 units for the same period last year. Exports for the month stood at 1,013 units. 

Commenting on the performance,Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 33,113 tractors in the domestic market during May ’23. Record high Rabi crop output, good reservoir levels, improved terms of trade for farmers, and IMD’s prediction of a normal southwest monsoon, augurs well for the upcoming Kharif season. In the exports market, we have sold 1,013 tractors.”

 Farm Equipment Sector Summary

May F24May F23YTD May % ChangeYTD May F24 YTD MayYTD May  F23YTD May % Change
*Exports include CKD

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