Mahindra & Mahindra (M&M), India's leading SUV manufacturer is expecting growth of 9-11 percent in tractor volumes in FY15. The company expects to clock 17% growth in tractors for FY14.
The company has reported 15% sales growth in January 2014. Total tractor sales (domestic plus exports) in January 2014 stood at 20,109 units, as against 17,473 units for the same month last year. The sales stood at 19,389 units in the domestic markets, as against 16,402 units in January 2013, a growth of 18%. However, exports declined by 33% to 720 units as compared to 1,071 units in same month last year.
Mahindra & Mahindra (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.
| Company Name | CMP |
|---|---|
| Tata MotorsPassenger | 355.60 |
| Maruti Suzuki | 13445.95 |
| Mahindra & Mahindra | 3219.55 |
| Hyundai Motor India | 1885.75 |
| Mercury Metals | 34.32 |
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