Tractor Gyan Blog

SHARE THIS

M&M has opened 40% tractor dealerships, says Executive Director Rajesh Jejurikar

    https://images.tractorgyan.com/uploads/1588324281-Mahindra-Rajesh.png

Mahindra and Mahindra (M&M) have opened 40% of its tractor dealerships as these vehicles were classified as essential services with farmers needing them in peak season moving from harvesting to sowing soon, Rajesh Jejurikar, executive director (auto and farm sector), M&M, told CNBCTV18.

The company has enough finished goods inventory of tractors available because sales abruptly stopped towards the end of March, with lockdown coming into effect. Jejurikar said while the dealers had started to open, it is the NBFCs and financial institutions that should start lending to support the demand.

 

Mahindra sales down April 2020      

Mahindra’s Farm Equipment Sector Sells 4,716 units in India during April 2020

Read More


Meanwhile, auto dealers are also ready and waiting for the announcement of dates to resume operations. “We believe we have adequate inventory in place to manage the first few weeks of demand,” he said.

As for restarting manufacturing facilities, Jejurikar said the plan is to start manufacturing slowly and the company is not planning to open plants before the middle of May. “We don’t need to because we have adequate finished goods inventory. We would rather establish availability of labor, availability of parts and social distancing and build manufacturing through slow ramp up as we go through the middle of May onwards,” he said.

He also said if anyone was to start operations on May 3, the labor workforce would not be available. However, that is not the case with M&M as it is not planning to resume operations at the beginning of May. “We are not assuming that we are opening our plants from May 3, we are assuming to open our plants in the middle of May or May third week because we have adequate inventory right now and there is no point rushing to open the plant or taking undue risks with people in the short-term”.


ट्रैक्टर्स और खेती सम्बंधित और भी जानकरी पाने के लिए हमारे व्हाट्सप्प ग्रुप के मेंबर बनिए। Whatsapp लिंक पर क्लिक करें


Read More

blog

https://images.tractorgyan.com/uploads/1591172987-fasal.png

इन फसलों पर सरकार के बढ़ाया समर्थन मूल्य

केंद्रीय कैबिनेट ने पिछले  सोमवार को आने वाले खरीफ फसल सीजन के लिए  न्यूनतम समर्थन मूल्य (...

https://images.tractorgyan.com/uploads/1590999113-mahindra sales blog image-05.png

mahindra tractor sales rise 2 percent in May 2020

Mahindra’s Farm Equipment Sector Sells 24,017 Units in India during May 2020 Mumbai, June 1,...

https://images.tractorgyan.com/uploads/1590994285-escort1.png

Escorts tractor sales decline 3.4 percent at 6594 units in May 2020

New Delhi:- Farm equipment and engineering major Escorts Ltd on Monday reported 3.4 percent decline...