February tractor sales robust on strong rural cash flow

The momentum in the tractor market continues as we enter the last month of the FY2021. In February, most key tractor makers posted healthy growth both sequentially as well as annually on the back of robust demand and strong cash flows in rural markets.

Mahindra & Mahindra
Mahindra & Mahindra’s February tractor sales are up 24 percent year-on-year at 27,170 units (February 2020: 21,877). Cumulative sales between April 2020 to February 2021 is at 314,015 units, up 13 percent YoY (April 2019-February 2020: 278,483)

Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra said, “Tractor demand continues ...