Mahindra crosses milestone of 40 lakh tractor sales

Milestone production: Mahindra Tractors, part of the Mahindra Group and the world’s largest tractor manufacturer by volume, has achieved a milestone by selling the brands 40^th lakh tractor, inclusive of exports in March 2024. The Mahindra Yuvo Tech Plus, based on Mahindra’s next-generation Yuvo tractor platform, marks this milestone, having rolled-out from Mahindra’s Zaheerabad facility, Mahindra’s youngest tractor facility and a global production hub for Mahindra Tractors, said a company statement. 

Having rolled out its first tractor in 1963 through a partnership with International Harvester Inc. of the US, Mahindra Tractors surpassed the one million unit production mark in 2004 and then went on to claim the title of the world’s highest-selling farm tractor manufacturer by volume in 2009.  “Nine years later in 2013, Mahindra reached the two million-unit production milestone, followed by the three million mark in 2019. Just five years later in FY24, Mahindra Tractors proudly sold its 40^th lakh tractor,” said the statement. 

Throughout the financial year, the Mahindra Tractor brand also achieved robust sales of over two lakh units.

Hemant Sikka, President – Farm Equipment Sector, Mahindra & Mahindra Ltd said: “Driven by our purpose of transform farming and enriching lives, we take great pride in selling our 40^th lakh Mahindra Tractor, as we celebrate decades of leadership and 60 years of the Mahindra tractor all in the same year,” 

“With these milestones I would like to extend my heartfelt gratitude to our customers, the farmer, who inspire us every day, as well as our partners and our teams, as we embark on journey of transformation together,” the statement added. 

Vikram Wagh, Chief Executive Officer of Mahindra Tractors said, “This is a momentous occasion for us at Mahindra Farm Division. 40 Lakh tractor deliveries are a strong testament to the trust that customers have in our brand purpose and our deep understanding of Indian farming. While the past five-years has been fantastic, during which we clocked our fastest million, we will continue to respond to diverse needs of our customers with the widest portfolio of tractors, while delivering global-first technologies and unmatched reliability as we enable the farmer to Rise.”

 Spanning 60 years, Mahindra has broadened its offerings to encompass a diverse range of more than 390 tractor models. During this period, Mahindra Tractors has also established a robust network of over 1200 dealer partners across India, with a customer first orientation that has enabled the brand to provide unparalleled levels of sales, service and spares support to an expanding base of 40 lakh Mahindra Tractors customers.

“In appreciation of Mahindra Tractors 40 lakh customers, the company launched a new Digital Video Commercial (DVC) titled ‘40 lakh happy customers and 60 years of brand trust,’ while also rolling-out new offers on its products and services across the country. The campaign revolves around the colour ‘red’, symbolising prosperity and synonymous with Mahindra Tractors,” said the statement.