30.20 (0.97%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for January 2021. Domestic sales in January 2021 were at 33,562 units, as against 22,329 units during January 2020. Total tractor sales (Domestic + Exports) during January 2021 were at 34,778 units, as against 23,116 units for the same period last year. Exports for the month stood at 1,216 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.