cmv_logo

Ad

Ad

M&M Tractor Sales Decline in Domestic Market by 11% in September 2023


By Priya SinghUpdated On: 05-Oct-23 12:07 PM
noOfViews Views

Follow Us:follow-image
Read In
Shareshare-icon

ByPriya SinghPriya Singh |Updated On: 05-Oct-23 12:07 PM
Share via:

Follow Us:follow-image
Read In
noOfViews Views

In September 2023, Mahindra tractor Year-to-date sales totalled 1,98,724 units, compared to 2,02,305 units in September 2022 in the domestic market. Overall Mahindra's domestic Year to Date Tractor Sales Data show a 2% decline in sales.

Mahindra Domestic tractor sales were 42,034 units in September 2023, compared to 47,100 units in September 2022. Mahindra's domestic tractor sales show an 11% decline in sales.

mahindra tractor.jpg

Mahindra & Mahindra, one of the country's leading tractor manufacturers, has released its tractor sales report for September 2023. The company reported that it sold a total of 43,210 tractors in September 2023, marking a decline of 11% in sales compared to the same period last year. This fall in sales reflects the industry's complexity, with repercussions for both the company and the broader market.

Hemant Sikka, President of the Farm Equipment Sector at Mahindra & Mahindra Ltd., added that the adequate rainfall in September contributed to monsoon levels approaching normal, which is expected to facilitate Rabi crop sowing, particularly in the Central, Northern, and Western regions of the country. He also stated that the start of the festive season is expected to increase farmer morale.

Mahindra Domestic tractor sales

mahindra tractor sep sales.PNG

Mahindra Domestic tractor sales were 42,034 units in September 2023, compared to 47,100 units in September 2022. Mahindra's domestic tractor sales show a 11% decline in sales.

Mahindra Export tractor sales

Mahindra export tractor sales were 1,176 units in September 2023, compared to 1,613 units in September 2022. Mahindra's Export tractor sales have decreased by 27%.

Mahindra Year-to-Date Tractor Sales Data

mahindra tractor sep ytd sales.PNG

Mahindra & Mahindra Ltd. just announced their Year to Date Tractor Sales report. In September 2023, Mahindra tractor Year-to-date sales totalled 1,98,724 units, compared to 2,02,305 units in September 2022 in the domestic market. Overall Mahindra's domestic Year to Date Tractor Sales Data show a 2% decline in sales.

Also Read: Mahindra's Commercial Vehicle Sales Surge by 16.30% in September 2023

In September 2023, Mahindra tractor Year-to-date sales totalled 6,346 units, compared to 9,744 units in September 2022 in the export market. Overall Mahindra export Year to Date Tractor Sales Data show a 35% decline.

Hemant Sikka, President of Mahindra & Mahindra Ltd.'s Farm Equipment Sector, stated that the drop was caused in part by a smart recovery in Kharif sowing, which covered over 110 million hectares.

Mahindra's tractors are known for their reliability and performance. The company's commitment to innovation and customer satisfaction has played a significant role in maintaining its market presence.

News


Mahindra Expands 4WD Tractor Range for Rising Farm Demand

Mahindra Expands 4WD Tractor Range to Meet India’s Rising Farm and Haulage Demand

Mahindra boosts 4WD tractor production to meet rising demand across India. The expanded range offers high power, better efficiency, strong performance, and wide service s...

05-Dec-25 07:42 AM

Read Full News
Moonrider.ai Secures $6 Million in Funding to Accelerate  Electric Tractor Growth

Moonrider.ai Secures $6 Million in Funding to Accelerate Electric Tractor Growth

Moonrider.ai raises $6 million to expand its certified electric tractors, offering 70% lower running costs, ₹2 lakh yearly savings, advanced battery tech, and rapid growt...

04-Dec-25 06:36 AM

Read Full News
Sonalika Tractors Creates History With Record 1,26,162 YTD Sales in 2025

Sonalika Tractors Creates History With Record 1,26,162 YTD Sales in 2025

Sonalika achieves record 1,26,162 YTD tractor sales, driven by farmer trust, government support, and rising mechanisation, strengthening India’s progress toward modern an...

04-Dec-25 04:47 AM

Read Full News
Solis JP 975 Launched: New 48–50 HP Tractor for Farmers

Solis Launches New Solis JP 975 Tractor in 48–50 HP Segment: A Powerful and Modern Choice for Farmers

Solis launches the JP 975 tractor with 48–50 HP power, advanced hydraulics, comfort features, cooling system, and loader-ready design for modern farming needs....

03-Dec-25 12:24 PM

Read Full News
VST Reports Strong Sales Growth in November 2025 with 5,166 Units Sold

VST Reports Strong Sales Growth in November 2025 with 5,166 Units Sold

VST reports 5,166 units sold in November 2025, showing strong growth in power tillers and tractors, with YTD sales reaching 37,235 units and rising farmer demand....

01-Dec-25 10:24 AM

Read Full News
Mahindra Farm Equipment Achieves Strong 33% Growth with 42,273 Tractor Sales in November 2025

Mahindra Farm Equipment Achieves Strong 33% Growth with 42,273 Tractor Sales in November 2025

Mahindra records strong 33% domestic growth, higher exports, and 19% YTD rise in tractor sales for November 2025, supported by festive demand and positive farm sentiment....

01-Dec-25 10:01 AM

Read Full News

Ad

Ad

As featured on:

entracker
entrepreneur_insights
e4m
web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.