Fiscal 2017 seems to be in good favor of the tractor business of Mahindra and Mahindra. As per the reports, the company will have the highest market share in this fiscal year. However, if no new launches occurred the company may face loss.
The company said that it has gained 10.55% sales in the month of February. The sales were previously 12,702 unit and later in the month of February, it touched 13,834 units. The company said that the business expects to grow more in this fiscal.
Soon, Mahindra and Mahindra will launch U231 and S201 multipurpose vehicles in the market. However, the launches are predicted to be in the next two year.
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