Mahindra & Mahindra Limited (M&M)-a leader in the Farm Equipment segment, with sales topping the charts registered domestic sales at 27,170 units in Feb ’21 against 21,877 units in Feb ’20, clocking a healthy 24% y-o-y growth. Exports stood at 976 units in the past month, up 43% y-o-y compared to 684 units sold in Feb ’20. This took total sales in this segment up 25% y-o-y to 28,146 units in February. Following a healthy rabi sowing season, sufficient water levels in reservoirs and better liquidity with farmers due to robust kharif crops led to the tractor demand surge.
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