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Mumbai, November 1, 2024: Mahindra & Mahindra Ltd.'s Farm Equipment Sector published their tractor sales data in October 2024. In the festive season, the company's tractor sales grew from 49,336 in 2023 to 64,326 this year. When compared with 50,460 units the previous year, total sales, including exports, came to 65,453 units. There were 1,127 units exported during the month.
| Particulars | October 2024 | October 2023 | % Change |
| Domestic | 64,326 | 49,336 | 30% |
| Exports | 1,127 | 1,124 | 0% |
| Total | 65,453 | 50,460 | 30% |
Mahindra & Mahindra has also released the YTD tractor sales figures for October 2024. The company has seen a growth in domestic sales as it sold 270,562 units in 2024 against 248,060 units in 2023, which has reflected a 9% growth in the domestic market.
On the other hand, Mahindra's YTD Tractor Sales Report for October 2024 showed a sharp growth of 30% in the export market. It had 9,740 units of export sales during October 2024 against 7,470 units in October 2023.
Altogether, Mahindra's total units sold YTD was 280,302 in October 2024. It was a growth of 10% over the sales for October 2023 at 255,530 units. Also, it marks a good improvement in the export performance of the company.
| Particulars | Year to Date FY’24 | Year to Date FY’23 | % Change |
| Domestic | 270,562 | 248,060 | 9% |
| Exports | 9,740 | 7,470 | 30% |
| Total | 280,302 | 255,530 | 10% |
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