Mahindra Tractor Sales Report Jan 2023 - A 28% Boost In Sales

Posted -06 February 2023 Share Post

Mahindra & Mahindra Ltd. revealed its January 2023 tractor sales report. The total sales of Mahindra tractors in January 2023 were recorded to be 28,926 tractors, as compared to 22,682 tractors in January 2022. The Mahindra sales data marks a hike in sales by 28%.

Mahindra Domestic Tractor Sales Report for Jan 2023

Mahindra’s domestic tractor sales were 27,626 tractors in Jan 2023, against 21,162 tractors in January 2022. Domestic tractor sales observed an eye-catching increase of 31%.

Mahindra Export Tractor Sales Report for Jan 2023

The export sales of Mahindra tractors was observed at 1300 tractors in January 2023, as against 1520 tractors in January 2022. The export sales data shows a 14% decrease.
Mahindra Tractors Sales In India - January 2023

Below is a brief about the Mahindra tractor sales report in January 2023

Particulars

January 2023

January 2022 % growth
Domestic 27, 626

21,162

31%

Exports

1,300 1,520 -14%

Total

28,926 22,682

28%

Mahindra Tractor Sales 2023 - Year to Date Summary 

Below is the Mahindra tractor sales year to date change for this year and previous year.

Particulars  

2023

2022       %  growth 
Domestic  3,31,290     2,90,030  14%      
Exports  15,450  14,468  7%
Total 15,450  3,04,498   14%

 
Hemant Sikka, The President, Farm Equipment Sector, Mahindra & Mahindra Ltd. quoted — 

“We have sold 27,626 tractors in the domestic market in January 2023, registering a growth of 31% since last year. We can say we are off to a good start to the year due to the promising Rabi crop outlook. The sowing acreage for key crops of wheat, oil seeds and pulses and oil seeds has already surpassed previous years, followed by conducive soil and weather conditions. Farmers are starting to harvest this bumper crop. In addition, continued government focus and higher investment in this sector will likely aid positive sentiments and boost tractor demands in the foreseeable future. In the export market, we have sold 1300 tractors.”

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