Mahindra FEB Registers 33% Domestic Growth With 42,273 Tractors Sold in November 2025

Mahindra & Mahindra Ltd.’s Farm Equipment Business (FEB) delivered a strong November performance with 42,273 tractors sold in India, representing 33% growth over the 31,746 units sold in the same month last year.

Combined domestic and export tractor sales for November reached 44,048 units, up from 33,378 units in November 2024. Exports grew 9%, with 1,775 units shipped compared to 1,632 units last year.

Veejay Nakra, President – Farm Equipment Business, attributed the growth to sustained rural momentum and positive farmer sentiment. “Record kharif output, increased rabi sowing, GST rate reduction, and higher MSP have strengthened farmer cash flows and boosted demand for tractors and farm implements,” he said.

Mahindra also highlighted strong export momentum. Year-to-date exports have risen 15% to 13,053 units, while total year-to-date tractor sales now stand at 374,733 units, a 19% increase over last year.

Mahindra remains India’s leading tractor manufacturer and the world’s largest tractor company by volume.