Mahindra & Mahindra tractor sales rise 3% to 17,990 units in December

Mahindra & Mahindra on Wednesday reported 3 per cent increase in total tractor sales in December at 17,990 units.

The company had sold 17,404 units of tractor in December 2018, M&M said in a statement.

Domestic tractor sales were at 17,213 units last month as compared to 16,510 units December 2018, a growth of 4 per cent, it added.

Exports were at 894 units as against 777 units in the same month previous year, down 13 per cent.

Commenting on the sales performance, M&M President - Farm Equipment Sector Rajesh Jejurikar said, "tractor demand looks positive in the near term led by the expectation of a better Rabi output, supported by crop prices and government thrust on irrigation, rural infra and agri sector.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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