Equity Bulls reported that Mahindra & Mahindra's Farm Equipment Sector a part of the USD 15.4 billion Mahindra Group, maintained its leadership position in the tractor industry in September 2012.

Domestic sales in September 2012 stood at 18908 units, as against 23508 units during September 2011. Total tractor sales (domestic + exports) in September 2012 stood at 20085 units, as against 24673 units for the same period last year. Exports for the month of September 2012 stood at 1177 units, as against 1165 units in September 2011. However it is noteworthy that September 2012 and September 2011 are not comparable as the festive season had started early in 2011.

Source - Equity Bulls

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