Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the $15.4 billion Mahindra Group, has achieved an impressive 24% growth in May 2013. Total tractor sales (domestic plus exports) in May 2013 stood at 23,626 units, as against 19,016 units for the same period last year.

Further, the company’s domestic tractor sales in May 2013 stood at 22,471 units, as against 18,019 units during May 2012, registering a growth of 25%. Exports for the month of May 2013 stood at 1,155 units, also showing a growth of 16% over May 2012.

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.