Tractors sit in a lot awaiting shipment at the Mahindra & Mahindra Ltd. Plant in Mumbai, India. (Photographer: Abhijit Bhatlekar/Bloomberg News)

M&M Expects Volume Growth Momentum In Farm Equipment Segment To Continue

Mahindra & Mahindra Ltd. expects the volume growth momentum in its farm equipment segment to continue, driven by strong monsoon and rural demand, its group Chief Financial Officer VS Parthasarathy, told BloombergQuint in an interaction.

The company sold about one lakh tractors during April-June period, an increase of 19 percent from the corresponding period, a year ago, according to an exchange filing by M&M dated July 2.

Watch the full conversation here: