Mahindra Farm Equipment raises growth forecast to 6-6.8% for FY25, eyes 16% tractor market growth in H2, ET Auto

Mahindra Farm Equipment raises growth forecast to 6-6.8% for FY25, eyes 16% tractor market growth in H2, ET Auto

Mahindra Farm Equipment, a part of Mahindra and Mahindra’s agriculture industry arm, expects 6-6.8% growth for FY 2025. The company showcased prototypes of alternative fuel tractors such as CNG, CBG, and LNG but is not looking to launch electric tractors. Despite global challenges, the company maintained its position as India’s largest tractor manufacturer with a…

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Mahindra Farm Equipment Sector sales increases 3% Y-o-Y with 43,201 units in September, ET Auto

Mahindra Farm Equipment Sector sales increases 3% Y-o-Y with 43,201 units in September, ET Auto

Mahindra’s Farm Equipment Sector (FES) announced its tractor sales numbers for September 2024, showing growth in overall and domestic sales but a drop in exports. Domestic sales increased to 43,201 units, a 10% growth from the previous year. The company attributes this growth to an increase in monsoon rainfall and positive rural sentiments. However, exports…

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