Mahindra & Mahindra's farm equipment business saw domestic tractor sales rise five percent year-on-year. Total tractor sales, including exports, also experienced growth compared to last year. The company's trucks and buses segment registered a significant forty-seven percent increase in sales. This growth reflects improved infrastructure spending and rising freight demand. However, rising input and fuel costs continue to present challenges for the business.
Mahindra & Mahindra reports 5% growth in domestic tractor sales at 27,595 units in August
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