Mahindra Tractor Sales Rise by 8 Per Cent in June
Mahindra Group's tractor arm on Tuesday said it has registered an 8 per cent growth in total sales at 29,884 units in June.
The company had sold 27,749 units in June 2013, it said in a release in Mumbai.
Domestic sales grew 8 per cent to 28,893 units as against 26,723 units a year ago.
Exports, however, logged a 3 per cent de-growth at 991 units, compared with 1,026 units shipped out in June 2013.
"We are happy to have achieve a domestic growth of 8 per cent during June 2014," said Rajesh Jejurikar, Mahindra & Mahindra Ltd's chief executive for the farm equipment and two-wheeler division.
"We are hopeful of the monsoon strengthening in July, which will still make it possible to increase kharif sowing and spur agricultural output."
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