The Farm Equipment Sector of India’s Mahindra & Mahindra sold 26,723 tractors in its domestic market in June, up from 22,493 units in June 2012, a growth rate of 19%.
Mahindra & Mahindra's Farm Equipment Sector (FES), a part of the U.S. $14.4 billion Mahindra Group, reports that domestic sales in January 2012 stood at 17,950 units vs. 19,430 units during January 2011.
India’s major utility player Mahindra & Mahindra's Farm Equipment Sector division has reported 37.01% jump in its total tractor sales in June to 22,730 units.
Indian tractor and farm equipment maker, TAFE, has passed the $1 billion mark in worldwide sales. AGCO Corp., the third largest farm equipment maker in the world, holds a 25% stake in TAFE.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
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