In financial year 2023, Mumbai headquartered Mahindra & Mahindra Limited sold approximately 390 thousand tractors. This figure represents a significant increase from fiscal year 2020. The tractor industry upcycles are highly monsoon-dependent and follow four-year patterns, which means three good years are most likely followed by a slow year in terms of sales.
Sales volume of tractors for Mahindra and Mahindra (M&M) Limited from financial year 2012 to 2023
(in 1,000 units)
Characteristic
Volume in thousand units
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Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
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TractorGyan. (April 6, 2023). Sales volume of tractors for Mahindra and Mahindra (M&M) Limited from financial year 2012 to 2023 (in 1,000 units) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1041475/india-mahindra-tractor-sales-volume/
TractorGyan. "Sales volume of tractors for Mahindra and Mahindra (M&M) Limited from financial year 2012 to 2023 (in 1,000 units)." Chart. April 6, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1041475/india-mahindra-tractor-sales-volume/
TractorGyan. (2023). Sales volume of tractors for Mahindra and Mahindra (M&M) Limited from financial year 2012 to 2023 (in 1,000 units). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1041475/india-mahindra-tractor-sales-volume/
TractorGyan. "Sales Volume of Tractors for Mahindra and Mahindra (M&m) Limited from Financial Year 2012 to 2023 (in 1,000 Units)." Statista, Statista Inc., 6 Apr 2023, https://www.statista.com/statistics/1041475/india-mahindra-tractor-sales-volume/
TractorGyan, Sales volume of tractors for Mahindra and Mahindra (M&M) Limited from financial year 2012 to 2023 (in 1,000 units) Statista, https://www.statista.com/statistics/1041475/india-mahindra-tractor-sales-volume/ (last visited July 22, 2024)
Sales volume of tractors for Mahindra and Mahindra (M&M) Limited from financial year 2012 to 2023 (in 1,000 units) [Graph], TractorGyan, April 6, 2023. [Online]. Available: https://www.statista.com/statistics/1041475/india-mahindra-tractor-sales-volume/