Mahindra & Mahindra Ltd.

Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the $15.4 billion Mahindra Group, has achieved an impressive 17% growth in June 2013. Total tractor sales (domestic plus exports) in June 2013 stood at 27,749 units, as against 23,765 units for the same period last year.

Further, the company’s domestic tractor sales in June 2013 stood at 26,723 units, as against 22,493 units during June 2012, registering a growth of 19%. However, Exports for the month of June 2013 stood at 1,026 units, showing a fall of 19% over June 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.