Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the U.S. $6.7 billion Mahindra Group, significantly consolidated its leadership position in the tractor industry in August 2008.

For the month of August 2008, domestic sales of tractors of Mahindra & Mahindra Ltd. were 7000 nos. as compared to 6011 nos. for the same period last year, a growth of 16% and exports during the month were 597 nos., as against 561 nos. for the same period last year, a growth of 6%. Total sales (domestic + exports) for the month were 7597 nos., as compared to 6572 nos. for the same period last year, a growth of 16%.

Cumulatively, during this fiscal, Mahindra & Mahindra tractors sales in the domestic market were 41455 nos., as compared to 37611 nos. for the April – August quarter last year, a growth of 10%. Total sales including exports were 45178 nos., as compared to 40850 nos. for to the corresponding April – August quarter last year, a growth of 11%.

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• Filed Under: Mahindra