Mahindra & Mahindra Ltd.
-48.30 (-1.53%) M&M’s Farm Equipment Sector sells 18,245 vehicles in India during May 2015
Date: 01-06-2015Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES), a part of the $16.5 billion Mahindra Group, has reported its sales numbers for May 2015. Domestic sales in May 2015 stood at 18,245 units, as against 23,132 units during May 2014.
The company’s total tractor sales (domestic + exports) during May 2015 stood at 19,257 units as against 23,940 units for the same period last year. Exports for the month stood at 1,012 units, registering a growth of 25%.
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.