Mahindra & Mahindra Ltd.’s Farm Equipment Business has delivered a strong November performance, selling 42,273 tractors in India—up from 31,746 units in November 2024—registering 33% growth.
The company’s combined domestic and export tractor sales for November 2025 stood at 44,048 units, against 33,378 units last year. Export sales reached 1,775 units, growing 9% from 1,632 units exported during the same month in 2024.
Year-to-date (April–November 2025) domestic sales reached 361,680 units, up 20% over last year’s 302,308 units. Exports for the same period stood at 13,053 units, compared to 11,372 units, reflecting 15% growth. Total YTD tractor sales are now 374,733 units, compared to 313,680 units—an overall 19% increase.
Veejay Nakra said the performance reflects strong rural sentiment:
“We have sold 42273 tractors in the domestic market during November 2025, a growth of 33% over last year. This comes on the back of a strong growth of 27% for the festive period of September & October 2025. There is positive sentiment among farmers with record production this kharif season & increase in rabi sowing acreage. Government’s progressive measure of GST rate reduction coupled with higher MSP is leading to positive cash flow for farmers & aiding tractor & farm implements demand. In the exports market, we have sold 1775 tractors, a growth of 9% over last year.”
