Mahindra sells 15315 tractors in December 2011 in India
Mahindra & Mahindra's Farm Equipment Sector (FES) has continued to lead the tractor industry in December 2011. M&M was able to sell a total of 15315 units in December 2011 as compared to 15135 vehicles during the same month last year. The manufacturer was successful in selling 16389 tractors in December 2011 (domestic and exports combined), in comparison to 16334 units in December 2010. The manufacturer sold 1074 tractors in the foreign markets in December 2011. In comparison with April-December 2010, the company sold 19 per cent more vehicles, 183274 units in 2011 against 154265 in the previous year.
Mahindra Group is a US$ 14.4 billion business conglomerate that works in automotive, agribusiness, aerospace, components, consulting, defence, energy, finance, real estate, steel, retail and logistics industries. Apart from these, the company also has a leading position in the fields of industrial equipment, tractors, utility vehicles, information technology, vacation ownership and two wheelers. The group recently acquired a 70 per cent share of the Ssangyong Motor Company of South Korea. Mahindra Group presently employs over 1,44,000 people based in more than 100 countries.
Mahindra has been listed among the Forbes Global 2000 list, which consists of the largest listed companies in the international arena, in the year 2011. It was called the No. 1 firm in the automobile sector by Dun & Bradstreet in its listed of India's Top 500 Companies. Mahindra Group was also among the Credit Suisse Great Brands of Tomorrow in 2010
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