Mahindra

Titile

This industry is overpowered by work vehicles sold under the HP class of 30 HP - 50 HP. In the year 2019, a record of 7,88,292 homestead haulers was sold crosscountry and in the year 2020 7,09,005 work vehicles were sold. This achieved a yearly degrowth of 10.06%. Which was projected to create at a speed of 18-22% or 1,00,000 + ranch vehicles in volume year on year. The Coronavirus pandemic has certainly frustrated the improvement of the business.

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