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)
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.
Values have been rounded.
Previous reports have been accessed for historical data.
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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 December 19, 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 December 19, 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: December 19, 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 December 19, 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/