Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for August 2019. Domestic sales in August 2019 were at 13,871 units, as against 16,375 units during August 2018. Total tractor sales (domestic + exports) during August 2019 were at 14,817 units, as against 17,785 units for the same period last year. Exports for the month stood at 946 units.
M&M is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.