Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
3159.35
30.20 (0.97%)
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M&M to stop tractor production for four days this month

Date: 11-10-2014

In the wake of weak demand, Mahindra & Mahindra (M&M) is all set to stop production for four days this month across its tractor plants located at Rudrapur and Jaipur. As part of aligning its production with sales requirements, the company would be observing no production days at its tractor plants located at Rudrapur and Jaipur for four days during the balance period of October, 2014.

Although, the Mumbai-based firm had sold 28,739 tractor units in September, up 7.39%, from 26,637 units sold in the same month last year, the overall demand in the market remains subdued.

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.