Sarkari Yojana News Agriculture News Tractor News Agri Business News Agriculture Machinery News Weather News Success Stories News Social News

Mahindra Tractor Registered its 50% Growth in May 2022; sold 34,153 Units

Mahindra Tractor Registered its 50% Growth in May 2022; sold 34,153 Units
Posted - June 02, 2022 Share Post

Mahindra & Mahindra Ltd.’s Farm Equipment Sector is one of the leading groups of farm machinery manufacturers that counts among the world's top three tractor manufacturers. 

New Holland Tractor

Mahindra & Mahindra group reported a 50% growth in domestic tractor sales by selling 34,153 units in May 2022 while 22,843 units in May 2021. 

The Mahindra tractor company has also announced its export tractor sales data which escalated by 17% by selling 1,569 units during May 2022 compared to 1341 units from the same period of last year. 

The total tractor sales (Domestic+Exports) is 35722 units with a 48% growth in May 2022, while 24184 units were registered in May 2021. 

Mr Hemant Sikka, President of Mahindra & Mahindra group, commented on the performance, “We have sold 34153 tractors in the domestic market in May ’22, with a growth of 50% over last year. This is on the back of 51% growth achieved in the month of April ’22. The timely arrival of the southwest monsoon and forecast of a normal monsoon is expected to provide a high record Kharif crop production. As a result, food prices are rapidly increasing to ensure better revenue for the farmers for their production, creating a high demand for tractors and other farm implements. Moreover, we have sold 1569 tractors with a growth of 17% compared to last year. 

Mahindra Tractor Sales (Domestic+Exports) in May 2022

Farm Equipment Sector 

May 

 

FY’22

FY’21

Change %

Domestic 

34,153 units

22,843 units

50%

Export

1,569 units

1341 units 

17%

Total

35722 units

24184 units

48%

 

To keep you updated every month, TractorGuru publishes monthly wholesale & retail sales reports of every tractor company, including John Deere Tractor and New Holland Tractor, state-wise, district-wise, and HP-wise. You can also contact us for more detailed information.

To know more about all the updates related to the tractor industry, subscribe our YouTube channel - https://bit.ly/3st5ozQ

Website - TractorGuru.in
Instagram - https://bit.ly/3wcqzqM
FaceBook - https://bit.ly/3KUyG0y

Quick Links

Popular Tractor Brands

Most Searched Tractors