30.20 (0.97%) Mahindra & Mahindra’s (M&M) Farm Equipment Sector (FES) has reported its tractor sales numbers for May 2021, which indicates a clear growth path in the upcoming season.
Domestic sales in May 2021 were at 22843 units, as against 24017 units during May 2020. Total tractor sales (Domestic and Exports) during May 2021 were at 24184 units, as against 24341 units for the same period last year. Exports for the month stood at 1341 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.