Ad
Ad
Ad
Mahindra & Mahindra has announced its tractor sales performance for July 2024, showcasing significant domestic and international growth. The company's total tractor sales reached 27,209 units, reflecting an 8% increase compared to July 2023.
In July 2024, Mahindra & Mahindra sold 25,587 tractor units in the domestic market. This represents a 6% growth from the 24,168 units sold in the same month last year. The following table provides a detailed comparison:
Mahindra & Mahindra's export sales saw a remarkable increase of 61% in July 2024. The company exported 1,622 tractor units, up from 1,007 units in July 2023. Here's a closer look at the export performance:
The total sales for Mahindra & Mahindra in July 2024 reached 27,209 units, a significant increase from 25,175 units in July 2023. This results in an overall YoY growth of 8%. The comprehensive sales figures are summarized below:
For the year-to-date period up to July 2024, Mahindra & Mahindra reported sales of 1,42,517 units in the domestic market and 6,159 units in exports. The total YTD sales stood at 1,48,676 units. Comparatively, in YTD July 2023, the sales figures were 1,40,184 units overall, with 1,36,043 units domestically and 4,141 units in exports. The growth rates are detailed below:
Also Read: VST Tillers Tractors Reports July 2024 Sales: Power Tillers Up by 1.65%, Tractors Down by 9.49%
July 2024 proved to be a successful month for Mahindra & Mahindra, with notable growth across all sales channels. The company achieved an 8% increase in total tractor sales, with domestic sales up by 6% and export sales soaring by 61%. The performance highlights the robust demand for Mahindra tractors in both local and international markets.
Government to Provide Loans and Interest Subsidy for Tractors and Farm Equipment: How Farmers Can Benefit
The government offers loans with up to 7% interest subsidy for farmers, easing access to affordable funds for agricultural and other needs....
12-Nov-24 06:14 AM
Read Full NewsDomestic Tractor Sales Rise in October 2024: 1,44,675 Units Sold with 22.37% Growth
Domestic tractor sales grew by 22.37% in October 2024, with 1,44,675 units sold. M&M Group led the market growth....
11-Nov-24 10:03 AM
Read Full NewsMahindra Farm Equipment Raises Growth Outlook for FY25, Aiming for 16% Tractor Market Growth in H2
Mahindra Farm Equipment raises its FY25 growth forecast, targeting 16% tractor market growth, with a focus on alternative fuels....
11-Nov-24 07:29 AM
Read Full NewsSonalika Tractors Achieves Record Sales with 20,056 Tractors Sold in October 2024
Sonalika Tractors sets a record with 20,056 tractor sales in October 2024, supporting farmers with customized, high-performance, sustainable solutions....
08-Nov-24 07:54 AM
Read Full NewsMahindra Tractors Launches Virtual Tractor Drive Experience with AI-Powered Personalization to Celebrate 60th Anniversary
Mahindra Tractor’s virtual drive uses AI to let farmers create personalized videos of themselves driving, celebrating 60 years of farming support....
07-Nov-24 05:14 AM
Read Full NewsRetail Tractor Sales Report for October 2024: Growth of 3.08% in Sales
October 2024 saw a 3.1% increase in tractor sales, with Mahindra & Mahindra leading, followed by gains for John Deere and CNH Industrial....
06-Nov-24 05:50 AM
Read Full NewsAd
Ad
Pradhan Mantri Fasal Bima Yojana (PMFBY): Comprehensive Guide to Crop Insurance, Benefits, Eligibility, and Application Process
12-Nov-2024
Farmtrac 45 Powermaxx vs. Mahindra 575 DI: Comprehensive Analysis of Performance, Features, and Value for Farmers
11-Nov-2024
Mini Tractors vs. Big Tractors: Differences, Pros, Cons, and Which One to Choose?
18-Oct-2024
Top 10 Rice-Producing States in India 2024: Rankings, Insights, Cultivation & Trends
16-Oct-2024
Subhadra Yojana: Empowering Women in Odisha with Rs. 50,000 Financial Support, Eligibility, Benefits, and Objectives
14-Oct-2024
Top 10 Tractors for Farming and Agriculture in India (2024)
11-Oct-2024
View All Articles
As featured on:
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002