Mahindra & Mahindra (M&M) on Saturday reported an 11 per cent enhance in complete gross sales at 39,157 items in December 2021.The firm had offered 35,187 items in December 2020, M&M mentioned in a press release.
In the home market, passenger automobile gross sales have been up 10 per cent to 17,722 items final month, in comparison with 16,182 items in December 2020.
In the industrial autos section, the corporate offered 18,418 autos within the home market final month as in opposition to 16,795 items in December 2020, a rise of 10 per cent.
Exports elevated by 37 per cent to three,017 items in December 2021 in comparison with 2,210 items within the year-ago month.
“We have seen growth in business segments, including Passenger Vehicles, Commercial Vehicles and International Operations, owing to continued strong demand across the product portfolio,” M&M Chief Executive Officer Automotive Division Veejay Nakra mentioned.
The points round semiconductor-related elements proceed to be a problem for the trade and stays a serious focus space for the corporate as effectively, he added.