M&M's Farm Equipment Sector (FES) reported a 12% decline in total sales to 19,992 units in July 2019

M&M's Farm Equipment Sector (FES) reported a 12% decline in total sales to 19,992 units in July 2019. Total domestic FES sales declined 11% to 19,174 units in July 2019. Total FES exports declined 26% to 818 units in July 2018.

Commenting on the performance, Rajesh Jejurikar, president -FES, said, We have sold 19,174 tractors in the domestic market during July 2019. We hope that the spread of monsoon, government initiatives to increase rural incomes through farm & non-farm sources and an overall improvement in liquidity will spur improvement in tractor demand during the second half of the year. In the export market, we have sold 818 tractors.

Read More
M&M domestic tractor sales turn positive for the first time in FY'20

India's first Hybrid Tractor Farmtrac 6090 EH launched at esclusive 2019

भारतीय बाजार में जल्द आएगा सबसे सस्ता ई-ट्रैक्टर, स्वराज ट्रैक्टर भी बना चुका है ये संस्थान