Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, announced its tractor sales numbers for January 2025 today on February 1, 2025. Domestic sales in January 2025 stood at 26,305 units, compared to 22,972 units in January 2024.
Total tractor sales (Domestic + Exports) during January 2025 were at 27557 units, as against 23948 units for the same period last year. Exports for the month stood at 1252 units.
Commenting on the performance, Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd. said, “We have sold 26305 tractors in the domestic market during January’25 at a growth of 15% over last year. Better soil moisture levels due to the above normal southwest monsoon and high-water storage levels in major reservoirs has aided increase in Rabi sowing. Continued Government support on various rural schemes, government support on Agri subsidies and expectations of higher budget allocation in the upcoming Union budgets are positives to boost tractor demand going forward. In the exports market, we have sold 1252 tractors, a growth of 28% over last year.”
|
Farm Equipment Sector Summary |
||||||
|
|
January |
YTD January |
||||
|
|
F25 |
F24 |
% Change |
F25 |
F24 |
% Change |
|
Domestic |
26305 |
22972 |
15% |
324327 |
350632 |
10% |
|
Exports |
1252 |
976 |
28% |
12296 |
13548 |
28% |
|
Total |
27557 |
23948 |
15% |
336623 |
364180 |
10% |
*Exports include CKD
