Mahindra tractor sales posts 18 per cent growth in Nov 2018
Commenting on the month?s performance, Rajesh Jejurikar, President - Farm Equipment Sector, Mahindra & Mahindra said, ?In November, Mahindra FES registered a volume of 25,159 tractors in the domestic market with a growth of 18 per cent. The total volume inclusive of exports stands at 25,949 tractors with a growth of 13 per cent. Retail demand remained positive through the festive season. We expect that government?s continued focus on rural and agri spends, and momentum on key crop prices will ensure the demand uptick for tractors continues into Q4 of the current fiscal.?