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| Mahindra Tractors’ domestic sales in May 2009 register 46% increase at 12870 units | |||
| 1 Jun 2009
, Mumbai
: Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the U.S. $6.3 billion Mahindra Group, maintained its leadership position in the tractor industry in May 2009. “We have registered very encouraging sales figures for the month of May 2009. Our domestic sales registered a 46% increase at 12870 nos. as compared to 8825 nos. for the same period last year,” said Mr. Anjanikumar Choudhari, President, Farm Equipment Sector, Mahindra & Mahindra Ltd. Total sales (domestic + exports) for the month of May 2009 registered a 43% increase at 13500 nos., as compared to 9470 nos. for the same period last year. The company’s YTD sales (Domestic + Exports) registered a 39% increase at 25140 units in May 2009, as against 18115 units for the same period last year. Exports during the month were 630 nos., as against 645 nos. for the same period last year. About The Mahindra Group The US $6.3 billion Mahindra Group is among the top 10 industrial houses in India. Mahindra is the market leader in multi-utility vehicles in India. It made a milestone entry into the passenger car segment with the Logan. Mahindra & Mahindra is the only Indian company among the top tractor brands in the world. The Group has a leading presence in key sectors of the Indian economy, including the financial services, trade, retail and logistics, automotive components, after-market, information technology and infrastructure development. Mahindra has made an entry in the two-wheeler segment which will see the company emerge as a full-range player with a presence in almost every segment of the automobile industry. Mahindra's Farm Equipment Sector is the proud recipient of the Japan Quality Medal, the only tractor company worldwide to be bestowed this honour. It also holds the distinction of being the only tractor company worldwide to win the Deming Prize. The US based Reputation Institute recently ranked Mahindra among the top 10 Indian companies in its Global 200: The World's Best Corporate Reputations list. Mahindra is also one of the few Indian companies to receive an A+ GRI checked rating for its first Sustainability Report for the year 2007-08. |
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