-66.35 (-2.10%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for February 2020. Domestic sales in February 2020 were at 21,877 units, as against 18,105 units during February 2019, a growth of 21%. Total tractor sales (Domestic and Exports) during February 2020 were at 22,561 units, as against 18,978 units for the same period last year, a growth of 19%. Exports for the month stood at 684 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.