Mahindra Exceeds 500,000 Tractor Sales in FY 2025/26, Setting New Record

The Indian manufacturer reported its highest-ever annual domestic sales, reinforcing its position as the world’s largest tractor producer. Growth was driven by strong demand in the domestic market and steady expansion in exports.

Mahindra & Mahindra closed the fiscal year ending March 2026 with total tractor sales exceeding 500,000 units, marking a new historical record for the company.

The Mumbai-based manufacturer reported domestic sales of 505,930 units, representing a 24% year-over-year increase compared to the previous fiscal year. The figure sets a new benchmark for the company in its home market, where it maintains a leading position.

Key Figures

  • Domestic sales: 505,930 units
  • Year-over-year growth (domestic): +24%
  • Export volumes: 20,473 units
  • Year-over-year growth (exports): +16.7%

In parallel, Mahindra recorded 20,473 units in exports, up from 17,547 units in the previous fiscal year, reflecting continued international expansion.

India continues to stand out as the world’s largest tractor market, with sustained demand supporting high production volumes and enabling domestic manufacturers to scale both locally and globally.

The latest results reinforce Mahindra’s leadership in the global agricultural machinery industry, supported by strong domestic demand and consistent growth in overseas markets.

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