Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for May 2020. Domestic sales in May 2020 were at 24,017 units, as against 23,539 units during May 2019, a rise of 2%. Total tractor sales (Domestic and Exports) during May 2020 were at 24,341 units, as against 24,704 units for the same period last year, a fall of 1%. Exports for the month stood at 324 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.