Saturday | May 10 2025 | 07:18:14 PM
Mahindra & Mahindra's Farm Equipment Sector (FES), part of the Mahindra Group, sold 26,305 tractors in the domestic market in January 2025, as against 22972 units during January 2024.
Total tractor sales (Domestic + Exports) during January 2025 were at 27,557 units, as against 23,948 units for the same period last year. Exports for the month stood at 1,252 units.
Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra, said, “We have sold 26,305 tractors in the domestic market during January’25 at a growth of 15 per cent over last year. Better soil moisture levels due to the above normal southwest monsoon and high-water storage levels in major reservoirs has aided increase in Rabi sowing. Continued Government support on various rural schemes, government support on Agri subsidies and expectations of higher budget allocation in the upcoming Union budgets are positives to boost tractor demand going forward. In the exports market, we have sold 1,252 tractors, a growth of 28 per cent over last year.
| Farm Equipment Sector Summary | ||||||
January | YTD January | |||||
F25 | F24 | % Change | F25 | F24 | % Change | |
Domestic | 26305 | 22972 | 15% | 350632 | 320129 | 10% |
Exports | 1252 | 976 | 28% | 13548 | 10561 | 28% |
Total | 27557 | 23948 | 15% | 364180 | 330690 | 10% |
The exports data include CKD sales as well.
